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 was amended, as from 21 December 1992, by section 8 Public Finance Amendment Act 1992 (1992 No 142) by substituting the word “expense”
for the word “cost”
.
Section 8 was substituted, as from 1 July 1994, by section 8 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.