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 Transfers From National Development Loans Account

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Imprest Supply Act 1957

Public Act		1957 No 1
Date of assent		28 June 1957

	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 Transfers From National Development Loans Account

An Act to apply certain sums of money out of the Public Account and other accounts towards the service of the current financial year

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

(1)

This Act may be cited as the Imprest Supply Act 1957.

(2)

This Act relates to the year ending with the thirty-first day of March, nineteen hundred and fifty-eight (hereinafter referred to as this year).

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 this year,—

(a)

Out of the respective accounts (being part of the Public Account) mentioned in the First Schedule to this Act, 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 twenty-four million eight hundred and fifty-four thousand pounds:

(b)

Out of the respective accounts mentioned in the Second Schedule to this Act, 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 two million four hundred and ninety-two thousand pounds.

(2)

All sums issued and applied under this section shall be charged in the manner hereafter to be expressed in the Appropriation Act for this year.

3 Transfers from National Development Loans Account

(1)

In addition to all sums otherwise authorised, there may from time to time during this year, without further authority than this section, be transferred from the National Development Loans Account to the respective accounts mentioned in the Third Schedule to this Act 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 eight million eight hundred and fifty thousand pounds.

(2)

All sums transferred under this section shall be included in the amounts to be authorised to be transferred from the National Development Loans Account by the Appropriation Act for this year.

SCHEDULES

FIRST SCHEDULE Imprest Grants Out of Accounts Within the Public Account

Section 2(1)(a)

	£
The Consolidated Fund	13,000,000
The Earthquake and War Damage Fund	4,000
The Electric Supply Account	2,500,000
The Land Settlement Account	950,000
The Public Works Account	2,700,000
The Social Security Fund	1,800,000
The State Coal Mines Account	700,000
The Working Railways Account	3,200,000
	£24,854,000

SECOND SCHEDULE Imprest Grants Out of Accounts Outside the Public Account

Section 2(1)(b)

	£
The Broadcasting Account	175,000
The Government Accident Insurance Account	35,000
The Government Insurance Account	50,000
The Maori Trustee’s Account	32,000
The Post Office Account	2,050,000
The Public Trustee’s Account	80,000
The State Fire Insurance Account	70,000
	£2,492,000

THIRD SCHEDULE Transfers From National Development Loans Account

Section 3

	£
The Electric Supply Account	3,000,000
The Land Settlement Account	500,000
The Post Office Account	2,050,000
The Public Works Account	2,700,000
The State Coal Mines Account	100,000
The Working Railways Account	500,000
	£8,850,000

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Imprest Supply Act 1957