The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.

Note 4 at the end of this version provides a list of the amendments included in it.

This Act is administered by the Treasury.

1	Title
2	Commencement
3	Repeal of this Act
4	Purposes
5	Interpretation
6	Authority to incur expenses
7	Authority to incur capital expenditure
8	Authority to make capital injections
	Notes

The Parliament of New Zealand enacts as follows:

1 Title

This Act is the Imprest Supply (First for 2024/25) Act 2024.

2 Commencement

This Act comes into force on 1 July 2024.

3 Repeal of this Act

This Act is repealed on the coming into force of the main Appropriation Act for the 2024/25 year.

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 2024/25 year in advance of appropriation in an Appropriation Act; and

(b)

to authorise capital injections to be made to departments and Offices of Parliament during the 2024/25 year in advance of authorisation under an Appropriation Act.

5 Interpretation

(1)

In this Act, unless the context otherwise requires,—

2024/25 year means the financial year ending with 30 June 2025

capital expenditure has the meaning given to it by section 2(1) of the Public Finance Act 1989, but excludes capital expenditure that is included in the definition of expenses in this subsection

department has the meaning given to it by section 2(1) of the Public Finance Act 1989, but excludes 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)

capital expenditure incurred by an intelligence and security department; and

(b)

non-departmental capital expenditure incurred in advance of a multi-category appropriation.

(2)

Terms or expressions used and not defined in this Act but defined in the Public Finance Act 1989 have, in this Act, the same meanings as in the Public Finance Act 1989.

6 Authority to incur expenses

(1)

Expenses may, during the 2024/25 year, be incurred in advance of appropriation in relation to any Vote.

(2)

Expenses incurred under subsection (1) must not exceed in the aggregate the sum of $34,000 million.

7 Authority to incur capital expenditure

(1)

Capital expenditure may, during the 2024/25 year, be incurred in advance of appropriation in relation to any Vote.

(2)

Capital expenditure incurred under subsection (1) must not exceed in the aggregate the sum of $6,000 million.

8 Authority to make capital injections

(1)

Capital injections may, during the 2024/25 year, be made to any department or Office of Parliament in advance of authorisation under an Appropriation Act.

(2)

Capital injections made under subsection (1) must not exceed in the aggregate the sum of $1,000 million.

Notes

1 General

This is a consolidation of the Imprest Supply (First for 2024/25) Act 2024 that incorporates the amendments made to the legislation so that it shows the law as at its stated date.

2 Legal status

A consolidation is taken to correctly state, as at its stated date, the law enacted or made by the legislation consolidated and by the amendments. This presumption applies unless the contrary is shown.

Section 78 of the Legislation Act 2019 provides that this consolidation, published as an electronic version, is an official version. A printed version of legislation that is produced directly from this official electronic version is also an official version.

3 Editorial and format changes

The Parliamentary Counsel Office makes editorial and format changes to consolidations using the powers under subpart 2 of Part 3 of the Legislation Act 2019. See also PCO editorial conventions for consolidations.

4 Amendments incorporated in this consolidation

Imprest Supply (First for 2024/25) Act 2024 (2024 No 23): section 3

Sort by

Imprest Supply (First for 2024/25) Act 2024