New Zealand Legislation: Acts

8 Appropriation limited by amount

• The authority to incur expenses or capital expenditure provided by an appropriation under an Appropriation Act—

  • (a) is limited to the amount specified for the appropriation by or under that Act; and

  • (b) may not be exceeded (except as provided for in section 25 or section 26A or section 26B).

  Section 8: substituted, on 25 January 2005, by section 7 of the Public Finance Amendment Act 2004 (2004 No 113).