New Zealand Legislation: Acts

11 Expenses or payments authorised other than by Appropriation Act

• (1) If an Act (other than an Appropriation Act) expressly provides for payments to be appropriated by or under that Act, any expense or capital expenditure incurred that gives rise to the need for those payments may be incurred without further appropriation than this section.

  (2) Each expense or capital expenditure incurred in accordance with an appropriation by or under an Act (other than an Appropriation Act) must be managed and accounted for in the same manner as expenses or capital expenditure incurred in accordance with an Appropriation Act.

  Section 11 was substituted, as from 21 December 1992, by section 12 Public Finance Amendment Act 1992 (1992 No 142).

  Section 11 was further substituted, as from 1 July 1994, by section 12 Public Finance Amendment Act 1994 (1994 No 18).

  The words “statement of financial position” in the section heading were substituted, as from 1 October 1997, for the words “balance sheet” pursuant to section 6(1) Financial Reporting Amendment Act 1997 (1997 No 17).

  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.