Imprest Supply Act 1974
Imprest Supply Act 1974
Imprest Supply Act 1974
Imprest Supply Act 1974
Public Act |
1974 No 21 |
|
Date of assent |
26 June 1974 |
|
Contents
An Act to apply certain sums of money out of the Public Account and other accounts towards the service of the current financial year
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
(1)
This Act may be cited as the Imprest Supply Act 1974.
(2)
This Act relates to the year ending with the 31st day of March 1975 (hereinafter referred to as this year).
2 Imprest grants
(1)
In addition to all sums otherwise granted, there may be issued and applied, by way of imprest, towards the service of this year,—
(a)
Out of the respective accounts (being part of the Public Account) mentioned in the First Schedule to this Act, any sums not exceeding in respect of any such account the appropriate amount specified in that Schedule, and not exceeding in the aggregate the sum of $765,000,000:
(b)
Out of the respective accounts mentioned in the Second Schedule to this Act, any sums not exceeding in respect of any such account the appropriate amount specified in that Schedule, and not exceeding in the aggregate the sum of $69,700,000.
(2)
All sums issued and applied under this section shall be charged in the manner hereafter to be expressed in the Appropriation Act for this year.
3 Transfers from National Development Loans Account
(1)
In addition to all sums otherwise authorised, there may from time to time during this year, without further authority than this section, be transferred from the National Development Loans Account to the respective accounts mentioned in the Third Schedule to this Act any sums not exceeding in respect of any such account the appropriate amount specified in that Schedule, and not exceeding in the aggregate the sum of $160,000,000.
(2)
All sums transferred under this section shall be included in the amounts to be authorised to be transferred from the National Development Loans Account by the Appropriation Act for this year.
SCHEDULES
FIRST SCHEDULE Imprest Grants Out of Accounts Within the Public Account
Section 2(1)(a)
| $ | |
|---|---|
| The Consolidated Revenue Account | 600,000,000 |
| The Works and Trading Account | 165,000,000 |
| $765,000,000 |
SECOND SCHEDULE Imprest Grants Out of Accounts Outside the Public Account
Section 2(1)(b)
| $ | |
|---|---|
| The Earthquake and War Damage Fund. | 20,000 |
| The Government Life Insurance Account | 800,000 |
| The Post Office Account | 66,000,000 |
| The Public Trustee’s Account | 1,450,000 |
| The State Insurance Account | 1,430,000 |
| $69,700,000 |
THIRD SCHEDULE Transfers from National Development Loans Account
Section 3
| $ | |
|---|---|
| The Post Office Account | 10,000,000 |
| The State Advances Corporation of New Zealand Account | 60,000,000 |
| The Works and Trading Account | 90,000,000 |
| $160,000,000 |
This Act is administered in the Treasury.