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 (No. 4) 1959

Public Act		1959 No 18
Date of assent		24 September 1959

	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 (No. 4) 1959.

(2)

This Act relates to the year ending with the thirty-first day of March, nineteen hundred and sixty (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 forty-two million and fifty-six 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 nine hundred and forty-four 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 seven million five hundred 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	30,000,000
The Earthquake and War Damage Fund	6,000
The Electric Supply Account	2,600,000
The Land Settlement Account	1,050,000
The Public Works Account	2,200,000
The Social Security Fund	2,100,000
The State Coal Mines Account	900,000
The Working Railways Account	3,200,000
	£42,056,000

SECOND SCHEDULE Imprest Grants Out of Accounts Outside the Public Account

Section 2(1)(b)

	£
The Broadcasting Account	230,000
The Government Accident Insurance Account	10,000
The Government Insurance Account	50,000
The Maori Trustee’s Account	24,000
The Post Office Account	2,500,000
The Public Trustee’s Account	80,000
The State Fire Insurance Account	50,000
	£2,944,000

THIRD SCHEDULE Transfers From National Development Loans Account

Section 3

	£
The Electric Supply Account	3,000,000
The Land Settlement Account	750,000
The New Zealand National Airways Corporation Account	100,000
The Post Office Account	1,000,000
The Public Works Account	2,050,000
The State Coal Mines Account	100,000
The Working Railways Account	500,000
	£7,500,000

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Imprest Supply Act (No. 4) 1959