• Preamble

  (1) Section 4(1) of the Public Finance Act 1989 provides that the Crown or an Office of Parliament must not incur expenses or capital expenditure except as expressly authorised by an appropriation, or other authority, by or under an Act of Parliament:

  (2) Section 10 of the Public Finance Act 1989 provides that an Appropriation Act may provide that an appropriation applies for a number of financial years that exceeds 1 but does not exceed 5:

  (3) It is desirable that the Crown and Offices of Parliament be authorised, in accordance with the appropriations made by this Act,—

  • (a) to incur expenses and capital expenditure during the financial year ending with 30 June 2008; and

  • (b) to incur expenses and capital expenditure during more than 1 financial year for certain specified matters:

The Parliament of New Zealand therefore enacts as follows: