65Y Treasury must report on all expenses and capital expenditure incurred with or without appropriation or other statutory authority

(1)

The Treasury must, within the time required under subsection (3), prepare and submit to the Auditor-General a report that sets out—

(a)

all actual expenses and capital expenditure incurred against an appropriation, or other authority, by or under an Act; and

(b)

all actual expenses and capital expenditure incurred in excess of, or without, an appropriation, or other authority, by or under an Act.

(2)

The report must also set out, for each appropriation, or other authority, by or under an Act, the balance between—

(a)

the amount of expenses and capital expenditure authorised to be incurred; and

(b)

the amount that was actually incurred.

(3)

The time required is 3 working days after the Treasury receives the information from departments that is required for the preparation of the monthly financial statements of the Government reporting entity under section 31A.

(4)

To avoid doubt, this section does not limit the powers of the Auditor-General, under Part 4 of the Public Audit Act 2001, to access information from a public entity or any person.

(5)

In this section, a reference to authority includes a reference to an authority in advance of an appropriation.

(6)

In this section and sections 65Z and 65ZA, a reference to the Auditor-General is a reference to the Auditor-General in his or her capacity as Controller and Auditor-General.

Section 65Y: inserted, on 25 January 2005, by section 16 of the Public Finance Amendment Act 2004 (2004 No 113).