Pursuant to Section 112 of the Crown Entities Act 2004, as Permitted by Section 5(1)(f)(ii) of the Earthquake Commission Act 1993

1. This direction comes into effect immediately upon signing.
2. Subject to paragraph 3, the Earthquake Commission (“Commission”) has the following additional function:
   To administer the support package established by the Crown for qualifying owners of on-sold properties.
3. The Commission’s additional function under paragraph 2 is subject to the following:
   In carrying out the additional function, the Commission must act in accordance with any terms and conditions set by the Minister.
4. For these purposes:
1. Canterbury earthquakes means any earthquake in Canterbury on or after 4 September 2010 and on or before 31 December 2012, and includes any aftershock within this period;
2. Minister means the Minister Responsible for the Earthquake Commission; and
3. on-sold properties means homes damaged by one or more of the Canterbury earthquakes that have subsequently been sold to new owners.
5. This direction expires on 14 August 2024, unless revoked earlier.

Dated this 7th day of October 2019.

Hon GRANT ROBERTSON, Minister Responsible for the Earthquake Commission.