Act Repealed Latest version as at 26 June 1972 (as enacted) | 1972 No 1

Imprest Supply Act 1972

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Contents

Short Title

Imprest grants

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

Imprest Supply Act 1972

Public Act		1972 No 1
Date of assent		26 June 1972

	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
	Administrative information

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 1972.

(2)

This Act relates to the year ending with the 31st day of March 1973 (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 $500,000,000:

(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 $47,600,000.

(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 $90,000,000.

(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 Revenue Account	400,000,000
The Works and Trading Account	100,000,000
	$500,000,000

SECOND SCHEDULE Imprest Grants Out of Accounts Outside the Public Account

Section 2(1)(b)

	$
The Earthquake and War Damage Fund	70,000
The Government Life Insurance Account	550,000
The Post Office Account	45,000,000
The Public Trustee’s Account	1,000,000
The State Insurance Account	980,000
	$47,600,000

THIRD SCHEDULE Transfers from National Development Loans Account

Section 3

	$
The Post Office Account	10,000,000
The State Advances Corporation of New Zealand Account	30,000,000
The Works and Trading Account	50,000,000
	$90,000,000

This Act is administered in the Treasury.

Imprest Supply Act 1972