Transfers from National Development Loans Account.

FIRST SCHEDULE Imprest Grants Out of Accounts Within the Public Account

SECOND SCHEDULE Imprest Grants Out of Accounts Outside the Public Account

THIRD SCHEDULE Transfer From National Developments Loans Account

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Imprest Supply Act 1950

Public Act		1950 No 1
Date of assent		30 June 1950

	Title
1	Short Title.
2	Imprest grants.
3	Transfers from National Development Loans Account.
	FIRST SCHEDULE Imprest Grants Out of Accounts Within the Public Account
	SECOND SCHEDULE Imprest Grants Out of Accounts Outside the Public Account
	THIRD SCHEDULE Transfer From National Developments Loans Account

An Act to Apply Certain Sums of Money Out of the Public Account and Other Accounts Towards the Service of the Year Ending on the Thirty-first Day of March, Nineteen hundred and fifty-one.

BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—

1 Short Title.

This Act may be cited as the Imprest Supply Act, 1950.

2 Imprest grants.

(1)

In addition to all sums otherwise granted, there may be issued and applied, by way of imprest, towards the service of the year ending on the thirty-first day of March, nineteen hundred and fifty-one,—

(a)

Out of the respective accounts (being part of the Public Account) mentioned in the First Schedule hereto, any sums not exceeding in respect of any such account the appropriate amount specified in that Schedule, and not exceeding in the aggregate the sum of eighteen million six hundred and four thousand pounds:

(b)

Out of the respective accounts mentioned in the Second Schedule hereto, any sums not exceeding in respect of any such account the appropriate amount specified in that Schedule, and not exceeding in the aggregate the sum of one million eight hundred and ninety-two thousand pounds.

(2)

All sums issued and applied under the authority of this section shall be charged in the manner hereafter to be expressed in any Act passed in this present session of Parliament for appropriating the public revenues for the year ending on the thirty-first day of March, nineteen hundred and fifty-one.

3 Transfers from National Development Loans Account.

(1)

In addition to all sums otherwise authorized, there may from time to time during the year ending on the thirty-first day of March, nineteen hundred and fifty-one, without further authority than this section, be transferred from the National Development Loans Account to the respective accounts mentioned in the Third Schedule hereto any sums not exceeding in respect of any such account the appropriate amount specified in that Schedule, and not exceeding in the aggregate the sum of thirty million pounds.

(2)

All sums transferred under the authority of this section shall be included in the amounts to be authorized to be transferred from the National Development Loans Account by any Appropriation Act passed in this present session of Parliament.

SCHEDULES

FIRST SCHEDULE Imprest Grants Out of Accounts Within the Public Account

Section 2(1)(a)

The Consolidated Fund—	£
Ordinary Revenue Account	10,000,000
The Earthquake and War Damage Fund	4,000
The Electric Supply Account	1,000,000
The Land Settlement Account	1,500,000
The Public Works Account	2,000,000
The Social Security Fund	1,100,000
The State Coal Mines Account	600,000
The Working Railways Account	2,400,000
	£18,604,000

SECOND SCHEDULE Imprest Grants Out of Accounts Outside the Public Account

Section 2(1)(b)

	£
The Broadcasting Account	120,000
The Government Accident Insurance Account	15,000
The Government Insurance Account	30,000
The Government Superannuation Fund Account	3,000
The Maori Trustee’s Account	4,000
The Marketing Account	20,000
The Post Office Account	1,600,000
The Public Trustee’s Account	50,000
The State Fire Insurance Account	50,000
	£1,892,000

THIRD SCHEDULE Transfer From National Developments Loans Account

Section 3

	£
The Electric Supply Account	5,000,000
The Land Settlement Account	3,000,000
The Post Office Account	3,000,000
The Public Works Account	14,000,000
The State Coal Mines Account	1,000,000
The Working Railways Account	4,000,000
	£30,000,000

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Imprest Supply Act 1950