Consistency Accountability Statement
New Zealand Equivalent to International Financial Reporting Standard 20 Regulatory Assets and Regulatory Liabilities
| Agency | External Reporting Board (XRB) |
| Portfolio | Commerce & Consumer Affairs |
| Legislative authority to make the secondary legislation | Section 12 of the Financial Reporting Act 2013 |
| Date signed by the Chief Executive | 22 October 2026 |
| Identification number | XRB 2026/62 |
I confirm that the XRB has assessed the New Zealand Equivalent to International Financial Reporting Standard 20 Regulatory Assets and Regulatory Liabilities, and the process for developing it, for consistency with the principles of responsible regulation as set out in section 9 of the Regulatory Standards Act 2025.
The XRB did not identify any inconsistencies with the principles of responsible regulation.
Wendy Venter
Chief Executive
External Reporting Board
CAS NZ IFRS 20 Regulatory Assets and Regulatory Liabilities 2026