This Act may be cited as the Public Revenues Amendment Act, 1914, and shall form part of and be read together with the Public Revenues Act, 1910 (hereinafter referred to as the principal Act).

Section fifteen of the Public Revenues Amendment Act, 1913, is hereby amended by omitting all words after the words “Audit Office,” and substituting the words “all paid vouchers, together with their relative issue or credit requisitions.”

The form numbered (5) in the Schedule to the principal Act, and paragraph (b) of section thirty of the Public Revenues Amendment Act, 1913, are hereby repealed.

Section sixty-one of the principal Act is hereby amended—

Section sixty-two of the principal Act is hereby amended—

Section eighty-four of the principal Act is hereby amended by omitting from subsection one the words “a full and particular account in detail,” and substituting the words “a statement.”

The said section is hereby further amended by omitting the word “account” after the word “that” in subsection two, also from paragraph (a) of the same subsection and from subsection four, and in each case substituting the word “statement.”

The Treasury shall, as soon as practicable after the end of every financial year, prepare and lay before Parliament a statement showing in detail the expenditure from the Public Account during that year:

Provided that it shall not be necessary to include in the said statement any details of expenditure that are required to be laid before Parliament under the provisions of any other Act.

Section thirty-nine of the principal Act is hereby amended—

In addition to the power conferred on him by section thirty-nine of the principal Act as amended by this Act, the Minister may, during the current financial year, borrow money, on the security of Treasury bills, to an amount not exceeding two million pounds.

All moneys raised under this section shall be paid into the Public Account to the credit of the Public Works Fund and of a special account called the “War Expenses Account,” in such proportions as the Minister of Finance determines. All moneys paid into the War Expenses Account pursuant to this section shall, without further appropriation, be expended for such purposes as the Minister of Defence thinks fit in connection with the defence of New Zealand or of any other part of the British Empire, or for the purpose of assisting in the carrying-on of any war in which His Majesty is for the time being engaged.

All moneys at any time hereafter in the War Expenses Account and not required for any of the purposes hereinbefore specified may, with the approval of the Minister of Defence, be transferred to the Public Works Fund and the Consolidated Fund in such proportions as the Minister of Finance determines.

The provisions of the said section thirty-nine, including the provisions relating to renewal, shall, subject to the foregoing provisions of this section, extend and apply to Treasury bills issued under this section.

Section fifty-three of the principal Act, as amended by section eleven of the Public Revenues Amendment Act, 1913, is hereby amended by omitting from the proviso to subsection one the words “twenty thousand pounds,” and substituting the words “fifty thousand pounds.”

The said section is hereby further amended by adding thereto the following subsections:—

Section twenty-one of the Public Revenues Amendment Act, 1913, is hereby amended by omitting from paragraph (a) the words “one hundred,” and substituting the words “two hundred.”