Imprest Supply (Second for 2018/19) Act 2018

Coat of Arms of New Zealand

Imprest Supply (Second for 2018/19) Act 2018

Public Act
 
2018 No 24
Date of assent
 
20 August 2018
Commencement
 
see section 2

The Parliament of New Zealand enacts as follows:

1 Title

This Act is the Imprest Supply (Second for 2018/19) Act 2018.

2 Commencement

This Act comes into force on the day after the date on which it receives the Royal assent.

3 Repeal of this Act

This Act is repealed on the close of 30 June 2019.

4 Purposes

The purposes of this Act are—

(a)

to authorise expenses and capital expenditure to be incurred by the Crown and Offices of Parliament during the 2018/19 year in advance of appropriation in an Appropriation Act; and

(b)

to authorise capital injections to be made to departments and Offices of Parliament during the 2018/19 year in advance of authorisation under an Appropriation Act.

5 Interpretation

(1)

In this Act, unless the context otherwise requires,—

2018/19 year means the financial year ending with 30 June 2019

capital expenditure has the meaning given to it by section 2(1) of the Public Finance Act 1989, but excludes capital expenditure that is included in the definition of expenses in this subsection

department has the meaning given to it by section 2(1) of the Public Finance Act 1989, but excludes an intelligence and security department

expenses has the meaning given to it by section 2(1) of the Public Finance Act 1989, but also includes—

(a)

capital expenditure incurred by an intelligence and security department; and

(b)

non-departmental capital expenditure incurred in advance of a multi-category appropriation.

(2)

Terms or expressions used and not defined in this Act but defined in the Public Finance Act 1989 have, in this Act, the same meanings as in the Public Finance Act 1989.

6 Authority to incur expenses

(1)

Expenses may, during the 2018/19 year, be incurred in advance of appropriation in relation to any Vote.

(2)

Expenses incurred under subsection (1) must not exceed in the aggregate the sum of $9,000 million.

7 Authority to incur capital expenditure

(1)

Capital expenditure may, during the 2018/19 year, be incurred in advance of appropriation in relation to any Vote.

(2)

Capital expenditure incurred under subsection (1) must not exceed in the aggregate the sum of $6,500 million.

8 Authority to make capital injections

(1)

Capital injections may, during the 2018/19 year, be made to any department or Office of Parliament in advance of authorisation under an Appropriation Act.

(2)

Capital injections made under subsection (1) must not exceed in the aggregate the sum of $800 million.

Legislative history

14 August 2018

Introduction (Bill 80–1), first reading, second reading, third reading

20 August 2018

Royal assent

This Act is administered by the Treasury.