Public Finance (Departmental Guarantees and Indemnities) Amendment Regulations 2010

2010/16

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Public Finance (Departmental Guarantees and Indemnities) Amendment Regulations 2010

Anand Satyanand, Governor-General

Order in Council

At Wellington this 22nd day of February 2010

Present:
His Excellency the Governor-General in Council

Pursuant to section 81(1)(bb) of the Public Finance Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, and on the recommendation of the Minister of Finance, makes the following regulations.

Regulations

1 Title
  • These regulations are the Public Finance (Departmental Guarantees and Indemnities) Amendment Regulations 2010.

2 Commencement
  • These regulations come into force on the day after the date of their notification in the Gazette.

3 Principal regulations amended
4 Guarantees or indemnities that may be given by departments
  • Regulation 4 is amended by adding the following paragraph:

    • (f) any guarantee or indemnity contained in the standard terms and conditions for the purchase, licence, or use by the Crown of—

      • (i) an Internet site:

      • (ii) software:

      • (iii) information technology tools, products, or services.

Rebecca Kitteridge,
Clerk of the Executive Council.


Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on the day after their notification in the Gazette, amend regulation 4 of the Public Finance (Departmental Guarantees and Indemnities) Regulations 2007.

The effect of the amendment is that government departments may give guarantees or indemnities contained in the standard terms and conditions for the purchase, licence, or use by departments of Internet sites, software, and information technology tools, products, and services.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 25 February 2010.

These regulations are administered by the Treasury.