Act Repealed Latest version as at 09 December 2001 (as enacted) | 2001 No 94

Imprest Supply (Third for 2001/02) Act 2001

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Authority to incur liabilities

Appropriation required

Legislative history

Imprest Supply (Third for 2001/02) Act 2001

Public Act		2001 No 94
Date of assent		9 December 2001
Commencement		see section 2

1	Title
2	Commencement
3	Expiry
4	Interpretation
5	Authority to incur liabilities
6	Appropriation required
	Legislative history
	Administrative information

The Parliament of New Zealand enacts as follows:

1 Title

This Act is the Imprest Supply (Third for 2001/02) Act 2001.

2 Commencement

This Act comes into force on the day after the date on which it receives the Royal assent.

3 Expiry

This Act expires on the coming into force of the second Appropriation Act for 2001/02.

4 Interpretation

In this Act, unless the context otherwise requires,—

2001/02 year means the financial year ending with 30 June 2002

financial year, liability, public money, and Vote have the meanings given to them by section 2(1) of the Public Finance Act 1989.

5 Authority to incur liabilities

(1)

Liabilities may, during the 2001/02 year, be incurred in advance of appropriation in relation to any Vote.

(2)

Liabilities incurred under subsection (1) during the 2001/02 year must not exceed in the aggregate the sum of $1,350,000,000.

(3)

Public money may be spent for the purpose of meeting liabilities incurred under subsection (1).

6 Appropriation required

All liabilities incurred under section 5(1) must be charged in the manner to be specified in an Appropriation Act for the 2001/02 year and, until the coming into force of the Appropriation Act in which that manner is specified, may be incurred during the 2001/02 year as if those liabilities had been incurred in accordance with 1 of the separate appropriations specified in section 4(3) of the Public Finance Act 1989.

Legislative history

4 December 2001		Introduction, first reading, second reading, third reading (Bill 168–1)
9 December 2001		Royal assent

This Act is administered in the Treasury.

Imprest Supply (Third for 2001/02) Act 2001