Imprest Supply (Second for 2013/14) Act 2013
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Reprint
as at 1 July 2014
Imprest Supply (Second for 2013/14) Act 2013
| Public Act | 2013 No 55 |
| Date of assent | 12 August 2013 |
| Commencement | see section 2 |
Imprest Supply (Second for 2013/14) Act 2013: repealed, on 1 July 2014, by section 3.
Note
Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.
Note 4 at the end of this reprint provides a list of the amendments incorporated.
This Act is administered by the Treasury.
Contents
The Parliament of New Zealand enacts as follows:
1 Title
This Act is the Imprest Supply (Second for 2013/14) Act 2013.
2 Commencement
This Act comes into force on the day after the date on which it receives the Royal assent.
3 Repeal of this Act
This Act is repealed on the close of 30 June 2014.
4 Purposes
The purposes of this Act are—
(a) to authorise expenses and capital expenditure to be incurred by the Crown and Offices of Parliament during the 2013/14 year in advance of appropriation by way of an Appropriation Act; and
(b) to enable the net asset holdings of departments and Offices of Parliament to exceed the amounts confirmed in the Appropriation (2013/14 Estimates) Act 2013.
5 Interpretation
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(1) In this Act, unless the context otherwise requires,—
2013/14 year means the financial year ending with 30 June 2014
department has the meaning given to it by section 2(1) of the Public Finance Act 1989, but does not include an intelligence and security department
expenses has the meaning given to it by section 2(1) of the Public Finance Act 1989, but also includes—
(a) expenses and capital expenditure incurred by an intelligence and security department; and
(b) expenses and non-departmental capital expenditure incurred under a multi-category appropriation (within the meaning of clause 3 of Schedule 1 of the Public Finance Act 1989).
(2) In this Act, unless the context otherwise requires, asset, capital expenditure, financial year, intelligence and security department, Minister, Office of Parliament, operating surplus, remeasurements, responsible Minister, and Vote have the meanings given to them by section 2(1) of the Public Finance Act 1989.
6 Authority to incur expenses
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(1) Expenses may, during the 2013/14 year, be incurred in advance of appropriation in relation to any Vote.
(2) Expenses incurred under subsection (1) during the 2013/14 year must not exceed in the aggregate the sum of $8,000 million.
7 Authority to incur capital expenditure
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(1) Capital expenditure may, during the 2013/14 year, be incurred in advance of appropriation in relation to any Vote.
(2) Capital expenditure incurred under subsection (1) during the 2013/14 year must not exceed in the aggregate the sum of $5,500 million.
8 Appropriation required
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(1) All expenses incurred under section 6(1) and all capital expenditure incurred under section 7(1) must be appropriated in an Appropriation Act that comes into force on or before 30 June 2014.
(2) Until the coming into force of that Appropriation Act, those expenses and that capital expenditure may be incurred during the 2013/14 year as if they had been incurred in accordance with one of the separate appropriations specified in section 7(1) of the Public Finance Act 1989.
9 Authority to exceed net assets confirmed in Appropriation Act
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(1) In this section,—
excess amount means the amount by which the net asset holding of a department or an Office of Parliament, during the 2013/14 year, exceeds the projected balance for that department or Office of Parliament
projected balance means the projected balance of net assets at 30 June 2014 set out in column 9 of Schedule 5 of the Appropriation (2013/14 Estimates) Act 2013.
(2) The amount of net asset holding in a department or an Office of Parliament during the 2013/14 year may exceed the projected balance for that department or Office of Parliament.
(3) However, the aggregate of the excess amounts for all departments and Offices of Parliament together with the total net asset holding of any department that is not listed in Schedule 5 of the Appropriation (2013/14 Estimates) Act 2013 must not exceed $800 million.
(4) For the purposes of subsections (1) and (2), the amount of net asset holding in a department or an Office of Parliament does not include—
(a) any operating surplus retained as agreed between the Minister and the responsible Minister for a department or an Office of Parliament in accordance with section 22(1) of the Public Finance Act 1989 that is not reflected in Schedule 5 of the Appropriation (2013/14 Estimates) Act 2013; or
(b) any remeasurement of a department’s or an Office of Parliament’s reported net asset holding as set out in section 22(2) of the Public Finance Act 1989 that is not reflected in Schedule 5 of the Appropriation (2013/14 Estimates) Act 2013.
(5) Subsections (2) and (3) apply despite section 22(3) of the Public Finance Act 1989.
Reprints notes
1 General
This is a reprint of the Imprest Supply (Second for 2013/14) Act 2013 that incorporates all the amendments to that Act as at the date of the last amendment to it.
2 Legal status
Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.
3 Editorial and format changes
Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/
.
4 Amendments incorporated in this reprint
Imprest Supply (Second for 2013/14) Act 2013 (2013 No 55): section 3
Versions
Imprest Supply (Second for 2013/14) Act 2013
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