Imprest Supply (Second for 2020/21) Act 2020

Coat of Arms of New Zealand

Imprest Supply (Second for 2020/21) Act 2020

Public Act
 
2020 No 56
Date of assent
 
6 August 2020
Commencement
 
see section 2

The Parliament of New Zealand enacts as follows:

1 Title

This Act is the Imprest Supply (Second for 2020/21) Act 2020.

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This Act is repealed on the close of 30 June 2021.

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 2020/21 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 2020/21 year in advance of authorisation under an Appropriation Act.

5 Interpretation

(1)

In this Act, unless the context otherwise requires,—

2020/21 year means the financial year ending with 30 June 2021

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 2020/21 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 $36,000 million.

7 Authority to incur capital expenditure

(1)

Capital expenditure may, during the 2020/21 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 $18,500 million.

8 Authority to make capital injections

(1)

Capital injections may, during the 2020/21 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 $2,000 million.

Legislative history

4 August 2020

Introduction (Bill 321–1), first reading, second reading, third reading

6 August 2020

Royal assent

This Act is administered by the Treasury.