Public Finance Amendment Act 2004

Reprint as at 1 August 2008

Public Finance Amendment Act 2004

Public Act2004 No 113
Date of assent21 December 2004


Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.

A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.


Requirement for appropriations

Information requirements for appropriations

Other provisions relating to appropriations

Application of this Part to Offices of Parliament


Fiscal strategy report

Budget policy statement

Statement on long-term fiscal position

Economic and fiscal updates

Disclosure requirements for economic and fiscal updates

Statement of responsibility


Responsibilities of chief executives

Power of chief executives to obtain information

Reporting requirements—information on future operating intentions

Reporting requirements—annual reports


Limits on borrowing by the Crown

Appointment of borrowing agents

Terms and conditions of borrowing

Payments relating to borrowings

Limits on the Crown issuing securities

Terms and conditions of securities

Payments relating to securities

Limits on the Crown entering into derivative transactions

Payments relating to derivative transactions

Investment of public money

Limits on lending by the Crown

Crown Bank Accounts

Departmental Bank Accounts


Limits on giving by the Crown of guarantees and indemnities

Other provisions relating to guarantees and indemnities

Reprint notes

The Parliament of New Zealand enacts as follows: