Public Revenues Amendment Act 1972
Public Revenues Amendment Act 1972
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Public Revenues Amendment Act 1972
Public Revenues Amendment Act 1972
Public Act |
1972 No 5 |
|
Date of assent |
21 September 1972 |
|
Contents
An Act to amend the Public Revenues Act 1953
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 Public Revenues Amendment Act 1972, and shall be read together with and deemed part of the Public Revenues Act 1953 (hereinafter referred to as the principal Act).
2 Transfer and subsequent expenditure of unexpended appropriations
(1)
Section 50 of the principal Act is hereby amended by inserting, after subsection (1), the following subsection:
“(1a)
Notwithstanding anything in subsection (1) of this section, where provision has been made in any Appropriation Act for expenditure of a recurring nature forming part of a specified project and that expenditure is shown in the estimates for the financial year to which that Act relates as a separate item that is subject to the provisions of this subsection, the Minister of Finance, on being satisfied that it is desirable to do so, may direct that if the expenditure cannot be made during that financial year, any unexpended balance of the provision be transferred during that financial year to the Trust Account to be held there until payment is required, when the amount may be expended without further appropriation than this section for the purpose for which it was originally appropriated by Parliament.”
(2)
Subsection (1a) of section 50 of the principal Act (as inserted by subsection (1) of this section) shall apply with respect to the items of expenditure for the financial year ending with the 31st day of March 1973 that are specified in the Schedule to this Act as if they had been shown in the estimates for that financial year as separate items that are subject to the provisions of the said subsection (1a).
3 Dispensing with personal receipts for salaries
Section 89 of the principal Act is hereby amended—
(a)
By inserting in subsection (1), after the word “wages”
wherever it occurs, the words “or salaries”
:
(b)
By repealing subsection (2).
4 Unauthorised expenditure
Section 92 of the principal Act is hereby amended by omitting from subsection (1) (as amended by section 7(1) of the Decimal Currency Act 1964) the words “fourteen thousand dollars”
, and substituting the expression “$20,000”
.
Schedule Items of Expenditure for Financial Year Ending 31 March 1973 that are Subject to Section 50(1a) of the Principal Act
Section 2(2)
| Vote | Item | Page Number of Estimates for Year Ending 31 March 1973 | Amounts the Unexpended Balances of Which May be Transferred to Trust Account at 31 March 1973 |
|---|---|---|---|
| ($000) | |||
| Agriculture | Reserve for special assistance to farmers | 24 | 10,000 |
| Control and eradication of animal diseases | 24 | 3,620 | |
| Foreign Affairs | Bilateral aid—Asia and the Pacific | 75 | 7,000 |
| South-east Asia Treaty Organisation Aid Fund | 75 | 20 | |
| South Pacific assistance | 75 | 130 | |
| Special Commonwealth assistance to Africa Plan | 75 | 120 | |
| Forest Service | Sundry expenses (part of item for $205,000) | 85 | 601 |
| Lands and Survey | Land for reserves (including coastal and lakeshore areas) | 161 | 1,000 |
| Works | Buildings (part of item for $22,700,000 |
292 | 5,0002 |
Land and buildings (part of item for $13,550,000) |
This Act is administered in the Treasury.
1 1 For dothistroma blight control.
2 2 For the purchase or construction of housing for overseas staff.
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Versions
Public Revenues Amendment Act 1972
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