New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) The economic forecasts contained in the economic and fiscal update prepared under section 26O must, for each of the 3 financial years to which they relate, include forecasts of movements in New Zealand's—
(a) gross domestic product (including the major components of gross domestic product):
(b) consumer prices:
(c) unemployment and employment:
(d) current account position of the balance of payments.
(2) The economic forecasts must also include a statement of all significant assumptions underlying the forecasts.
Section 26P: inserted, on 25 January 2005, by section 7 of the Public Finance Amendment Act 2004 (2004 No 113).
