New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) A separate appropriation must be made for—
(a) each category of output expenses; and
(b) each category of benefits or other unrequited expenses; and
(c) each category of borrowing expenses; and
(d) each category of other expenses; and
(e) each category of capital expenditure; and
(f) expenses and capital expenditure to be incurred by each intelligence and security department.
(2) All expenses or capital expenditure to be incurred in any financial year must be allocated to 1 of the types of appropriation set out in subsection (1) within a Vote specified in an Appropriation Act.
(3) An output expense appropriation referred to in subsection (1)(a) must consist of—
(a) a class of outputs to be supplied—
(i) by a department; or
(ii) to or on behalf of the Crown (other than by a department); or
(b) if the Minister approves, more than 1 class of outputs (a multi-class output expense appropriation) to be supplied—
(i) by a department; or
(ii) to or on behalf of the Crown (other than by a department).
(4) However, if subsection (3)(b) applies, the Estimates or other supporting information that must be presented with the Appropriation Bill in which the multi-class output expense appropriation is sought must,—
(a) to the extent required by section 14 or, as the case may be, section 15, relate to each class of outputs in that appropriation; and
(b) explain why those classes of outputs have been grouped under that 1 appropriation.
Section 7 was substituted, as from 21 December 1992, by section 7(1) Public Finance Amendment Act 1992 (1992 No 142).
Section 7 was further substituted, as from 1 July 1994, by section 7(1) Public Finance Amendment Act 1994 (1994 No 18).
Parts 1 and 2 (sections 4 to 26A) were substituted by new Parts 1 and 2 (sections 4 to 26Z), as from 25 January 2005, by section 7 Public Finance Amendment Act 2004 (2004 No 113). See sections 32 to 36 of that Act as to the transitional provisions.