Public Finance Amendment Act 2020

Coat of Arms of New Zealand

Public Finance Amendment Act 2020

Public Act
 
2020 No 41
Date of assent
 
6 August 2020
Commencement
 
see section 2

Contents

1Title
2Commencement
3Principal Act
4Section 1A amended (Purpose)
5Section 2 amended (Interpretation)
6Section 7C amended (Responsibility for, and administration and use of, appropriations)
7Section 14 amended (Content of Estimates)
8Section 15C amended (End-of-year performance information requirements)
9Section 15D amended (Exemptions from end-of-year performance information requirements for certain categories of expenses and capital expenditure)
10Section 19 amended (Power of Secretary to obtain information)
11Section 19A amended (Provision of end-of-year performance information other than by Ministers)
12Section 26Z amended (Power of Secretary to obtain information)
13Section 29A amended (Power of Secretary to obtain information)
14Part 4 heading amended
15Section 34 amended (Responsibilities of chief executives: financial management of departmental matters)
16Section 36 amended (Responsibilities of chief executives: reporting)
17Section 37 amended (Power of chief executives to obtain information)
18Section 38 amended (Departments must provide information on strategic intentions)
19Section 40 amended (Requirements for information on strategic intentions)
20Section 41 amended (Minister may grant extension of time for, or waive, requirement to provide information on strategic intentions)
21Section 43 amended (Departments must prepare annual reports)
22Section 43A repealed (Departmental agencies must prepare annual reports)
23Section 44 amended (Obligation to present and publish annual reports)
24Section 45 amended (Contents of annual report of department)
25Section 45AA replaced (Contents of departmental agency annual report)
45AAContents of annual report of specified agency
45ABWaiver from requirement to include financial statements in specified agency’s annual report
26Section 45B amended (Annual financial statements)
27Section 45C amended (Statement of responsibility)
28New section 45CA inserted (Statement of responsibility for specified agencies)
45CAStatement of responsibility for specified agencies
29Section 45D amended (Audit report)
30Section 45E amended (Application of this Part to intelligence and security departments)
31Section 45H amended (Application of subpart)
32Section 65S amended (Departmental Bank Accounts)
33Section 65ZE amended (Departments may give guarantee or indemnity specified in regulations if in public interest)
34Section 75 amended (Minister may exercise powers relating to bona vacantia)
35Section 80 amended (Treasury instructions)
36Section 80A amended (Minister of Finance instructions)
37Section 81 amended (Regulations, Orders in Council, and notices)
38Section 82 amended (Consultation and approval requirements for regulations or instructions relating to reporting standards)
39New section 82A inserted (Certain specified agencies with intelligence and security aspect treated as intelligence and security departments)
82ACertain specified agencies with intelligence and security aspect treated as intelligence and security departments
Legislative history
Administrative information

The Parliament of New Zealand enacts as follows: