BUSINESS DEVELOPMENT BOARDS ACT 1991

CODE FOR BUSINESS DEVELOPMENT BOARDS 1992

Pursuant to section 7 of the Business Development Boards Act 1991 the Minister of Business Development hereby prescribes the following code.

CODE

1. Title and commencement - (1) This code may be cited as the Code for Business Development Boards 1992.
   (2) This code shall come into force on the twenty-seventh day of February 1992.

2. Definitions - In this code, unless the context otherwise requires -
   (a) "Government's Enterprise Assistance Package" means the Government's economic, business and employment initiatives which are delivered by a range of agencies; and
   (b) "Business Development Programme schemes" means the Business Development Investigation Grant (BDIG), the Expert Assistance Grant Scheme (EAGS) and the Enterprise Growth Development Scheme (EGDS).

PART I
GOALS OF THE BOARDS

3. Goals of Business Development Boards - The goals of each Business Development Board are -
   (a) To encourage the establishment of viable new business enterprises; and
   (b) To encourage the expansion of viable existing business enterprises; and
   (c) To contribute to increasing employment.

PART II
ACTIVITIES BOARDS ARE TO UNDERTAKE

4. Activities - The activities each Board is to undertake are -
   (a) To provide advice to the Minister of Business Development relating to business development in its region in accordance with clause 5 of this code; and
   (b) To ensure that Business Development Board services are available in its region in accordance with clause 6 of this code; and
   (c) To ensure that information on the Government's Enterprise Assistance Package is effectively promoted and publicly available; and
   (d) To ensure that the Business Development Programme is effectively promoted and the public has ready access to the programme; and
   (e) To administer the Business Development Programme schemes in accordance with the procedures specified in the Schedule to this code; and
   (f) To encourage and promote business development in its region.

5. Advice to the Minister - Each Board is required to advise the Minister, on at least a monthly basis, in relation to -
   (a) Significant business developments in its region; and
   (b) Significant matters affecting business development in its region; and
   (c) The broad range of issues which impact on its region's development.

6. Business Development Board services - Each Board is responsible for ensuring that in the Board's region -
   (a) Information on the Government's Enterprise Assistance Package is publicly available; and
   (b) Information on the Business Development Programme schemes is publicly available; and
   (c) Clients needs are quickly assessed and that contact is facilitated with the appropriate agencies in the private or public sectors.

PART III
RULES AND GUIDELINES

7. Liaison with Maori - (1) Each Board shall establish and maintain contact with the appropriate local Maori organisations.
   (2) Each Board is to liaise with these groups in undertaking its activities.

8. Liaison with other agencies - In carrying out the activities specified in clause 4 of this code each Board shall liaise with business groups, sector groups, government departments and agencies, and ethnic groups in its region.

9. Board minutes - (1) The minutes of each meeting of each Board are to be kept in a book specially reserved for the purpose.
   (2) The minutes are to be certified as correct by the Chairperson, or deputy Chairperson, and agreed by the Board as a true and accurate record.
   (3) The Chairperson shall forward a copy of the minutes of each meeting of the Board to the Minister before any subsequent meeting of the Board.

10. Charging of fees - Boards shall not charge fees for undertaking any of the activities specified in clause 4(a) to (e) of this code.

11. Approval of expenditure - All expenditure must be approved by the Board.

12. Financial statement - (1) Each Board shall prepare a monthly financial statement.
    (2) The statement shall -