Reprint
as at 25 January 2005

Coat of Arms of New Zealand

Finance Act 1977

Public Act1977 No 75
Date of assent9 December 1977
Commencement9 December 1977

Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.

A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.

This Act is administered by the Treasury.


An Act to make provision with respect to public finances and other matters

1 Short Title
  • This Act may be cited as the Finance Act 1977.

Part 1

2 Free travel for disabled servicemen
  • (1) In this section, unless the context otherwise requires,—

    Crown means either His late Majesty King George V or His late Majesty King George VI, as the case may be

    disabled serviceman means a person who, during the First World War or the Second World War, was disabled while serving—

    • (a) outside New Zealand as a member of any of the Crown's naval, military, or air forces, or of the allies of the Crown in that war; or

    • (b) outside New Zealand with any of the forces specified in paragraph (a) as a war correspondent or as a member of any voluntary aid or other voluntary organisation; or

    • (c) in New Zealand as a member of the training staff of any of the Crown's forces; or

    • (d) in New Zealand as a member of any of the Crown's permanent forces, or as a member of any of the Crown's forces mobilised for continuous service within New Zealand or elsewhere; or

    • (e) in any British or Commonwealth ship or any ship of the mercantile marine of any ally of the Crown if the disablement arose out of enemy action, or in any other British or Commonwealth ship that was not a home trade ship within the meaning of the Shipping and Seamen Act 1952.

    (2) It shall be lawful for any local authority, public body, or other body, that controls any public passenger transport service to permit disabled servicemen to travel without charge on that service.

    (3) Any other local authority may contribute money out of its general funds towards the cost of travel by disabled servicemen on any such service.

    (4) Amendment(s) incorporated in the Act(s).

3 Nauru and Ocean Island phosphate trade
  • (1) All money received by the Crown from the British Phosphate Commissioners from sales or the management of any phosphate deposit in Nauru or Ocean Island shall continue to be paid into a Crown Bank Account.

    (2) There shall be paid out of a Crown Bank Account, out of money appropriated by Parliament for the purpose, those costs of the administration of any such phosphate deposit for which the Crown is responsible, including the salaries of persons engaged in its management, and contingent expenses relating thereto.

    (3) Amendment(s) incorporated in the Act(s).

    Section 3(1): amended, on 25 January 2005, pursuant to section 83(7) of the Public Finance Act 1989 (1989 No 44).

    Section 3(2): amended, on 25 January 2005, pursuant to section 83(7) of the Public Finance Act 1989 (1989 No 44).

4 War memorials
  • (1) Unless expressly prohibited by any enactment or, in the case of a trustee or board of trustees, by an instrument of trust, any local authority or any other person may contribute towards, or expend money in or towards, the maintenance of any permanent memorial in respect of the First World War or the Second World War.

    (2) Amendment(s) incorporated in the Act(s).

    Section 4(1): amended, on 1 July 2003, by section 262 of the Local Government Act 2002 (2002 No 84).

5 Superannuation contributions by certain contributors to Government Superannuation Fund
  • (1) In subsection (2) the wage freeze means the period that commenced on 9 July 1976 and ended with 14 May 1977.

    (2) The Governor-General may from time to time, by Order in Council, declare that any person who, during the wage freeze, belonged to a specified class of contributor to the Government Superannuation Fund may, before a specified date, elect to contribute to that fund, as from a specified date during the wage freeze, as if specified increases in salary not then being paid to him were then being paid to him; and any such person may so elect accordingly.

Gaming duties

6 Sections to be read together with Gaming Duties Act 1971
  • (1) This section and the next 2 succeeding sections shall be read together with and deemed part of the Gaming Duties Act 1971 (in those sections referred to as the principal Act).

    (2) This section and the next 2 succeeding sections shall come into force on 1 August 1978.

7 Interpretation
  • [Repealed]

    Section 7: repealed, on 1 August 2003, by section 70(2) of the Racing Act 2003 (2003 No 3).

8 Totalisator duty
  • (1) [Repealed]

    (2) [Repealed]

    (3) Amendment(s) incorporated in the Act(s).

    Section 8(1): repealed, on 1 October 1986, by section 2(2) of the Gaming Duties Amendment Act 1986 (1986 No 47).

    Section 8(2): repealed, on 19 December 1995, by section 4(2)(a) of the Gaming Duties Amendment Act 1995 (1995 No 93).

Part 2
Authorisations, validations, and repeals

[Repealed]

  • Part 2: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

9 Abolition of Linen Flax Corporation
  • [Repealed]

    Section 9: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

10 Authorising payment by Natural Gas Corporation
  • [Repealed]

    Section 10: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

11 Validating purchase of properties by Pest Destruction Boards for occupation by Agricultural Pests Destruction Council employees
  • [Repealed]

    Section 11: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

12 Validating transfer of money to Disaster Account
  • [Repealed]

    Section 12: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

13 Validating payments made prior to commencement of Tertiary Bursary Regulations 1976
  • [Repealed]

    Section 13: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

14 Validating payments made prior to commencement of Secondary Schools Bursaries Regulations 1977
  • [Repealed]

    Section 14: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

15 Validating payments made prior to commencement of Cattle Brucellosis and Tuberculosis Control Regulations 1971, Amendment No 4
  • [Repealed]

    Section 15: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

16 Validating unauthorised expenditure by Board of Trustees of Maori Education Foundation
  • [Repealed]

    Section 16: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

17 University Grants Committee: authorising increased unauthorised expenditure
  • [Repealed]

    Section 17: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

18 Transfer of money from Consolidated Revenue Account to Motor Vehicle Third Party Indemnity Fund
  • [Repealed]

    Section 18: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).

19 Repeals and saving
  • [Repealed]

    Section 19: repealed, on 12 October 1978, by section 8 of the Finance Act 1978 (1978 No 56).


Schedule
Enactments repealed

s 19

[Repealed]

  • Schedule: repealed, on 26 October 1979, by section 5(1)(a) of the Finance Act 1979 (1979 No 31).


Contents

  • 1General

  • 2Status of reprints

  • 3How reprints are prepared

  • 4Changes made under section 17C of the Acts and Regulations Publication Act 1989

  • 5List of amendments incorporated in this reprint (most recent first)


Notes
1 General
  • This is a reprint of the Finance Act 1977. The reprint incorporates all the amendments to the Act as at 25 January 2005, as specified in the list of amendments at the end of these notes.

    Relevant provisions of any amending enactments that contain transitional, savings, or application provisions that cannot be compiled in the reprint are also included, after the principal enactment, in chronological order. For more information, see http://www.pco.parliament.govt.nz/reprints/ .

2 Status of reprints
  • Under section 16D of the Acts and Regulations Publication Act 1989, reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by the amendments to that enactment. This presumption applies even though editorial changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in the reprint.

    This presumption may be rebutted by producing the official volumes of statutes or statutory regulations in which the principal enactment and its amendments are contained.

3 How reprints are prepared
  • A number of editorial conventions are followed in the preparation of reprints. For example, the enacting words are not included in Acts, and provisions that are repealed or revoked are omitted. For a detailed list of the editorial conventions, see http://www.pco.parliament.govt.nz/editorial-conventions/ or Part 8 of the Tables of New Zealand Acts and Ordinances and Statutory Regulations and Deemed Regulations in Force.

4 Changes made under section 17C of the Acts and Regulations Publication Act 1989
  • Section 17C of the Acts and Regulations Publication Act 1989 authorises the making of editorial changes in a reprint as set out in sections 17D and 17E of that Act so that, to the extent permitted, the format and style of the reprinted enactment is consistent with current legislative drafting practice. Changes that would alter the effect of the legislation are not permitted.

    A new format of legislation was introduced on 1 January 2000. Changes to legislative drafting style have also been made since 1997, and are ongoing. To the extent permitted by section 17C of the Acts and Regulations Publication Act 1989, all legislation reprinted after 1 January 2000 is in the new format for legislation and reflects current drafting practice at the time of the reprint.

    In outline, the editorial changes made in reprints under the authority of section 17C of the Acts and Regulations Publication Act 1989 are set out below, and they have been applied, where relevant, in the preparation of this reprint:

    • omission of unnecessary referential words (such as of this section and of this Act)

    • typeface and type size (Times Roman, generally in 11.5 point)

    • layout of provisions, including:

      • indentation

      • position of section headings (eg, the number and heading now appear above the section)

    • format of definitions (eg, the defined term now appears in bold type, without quotation marks)

    • format of dates (eg, a date formerly expressed as the 1st day of January 1999 is now expressed as 1 January 1999)

    • position of the date of assent (it now appears on the front page of each Act)

    • punctuation (eg, colons are not used after definitions)

    • Parts numbered with roman numerals are replaced with arabic numerals, and all cross-references are changed accordingly

    • case and appearance of letters and words, including:

      • format of headings (eg, headings where each word formerly appeared with an initial capital letter followed by small capital letters are amended so that the heading appears in bold, with only the first word (and any proper nouns) appearing with an initial capital letter)

      • small capital letters in section and subsection references are now capital letters

    • schedules are renumbered (eg, Schedule 1 replaces First Schedule), and all cross-references are changed accordingly

    • running heads (the information that appears at the top of each page)

    • format of two-column schedules of consequential amendments, and schedules of repeals (eg, they are rearranged into alphabetical order, rather than chronological).

5 List of amendments incorporated in this reprint (most recent first)
  • Racing Act 2003 (2003 No 3): section 70(2)

    Local Government Act 2002 (2002 No 84): section 262

    Gaming Duties Amendment Act 1995 (1995 No 93): section 4(2)(a)

    Public Finance Act 1989 (1989 No 44): section 83(7)

    Gaming Duties Amendment Act 1986 (1986 No 47): section 2(2)

    Finance Act 1979 (1979 No 31): section 5(1)(a)

    Finance Act 1978 (1978 No 56): section 8