New Zealand Legislation: Acts
Acts are laws made by Parliament
It shall not be lawful for the Crown, except by or under an Act of Parliament,—
(a) To levy a tax; or
(b) to borrow money or to receive money borrowed from any person; or.
(c) To spend any public money.
Compare: The Bill of Rights, Article 4 (UK); 1977 No 65 ss 53(1), 70
Paragraph (b) was substituted, as from 25 January 2005, by section 37(1) Public Finance Amendment Act 2004 (2004 No 113).