New Zealand Legislation: Acts

26A Transfer of resources between output expense appropriations

• (1) The Governor-General may, by Order in Council, direct that an amount appropriated for an output expense appropriation in a Vote be transferred, without further appropriation than this section, to another output expense appropriation in that Vote if—

  • (a) the amount transferred does not increase that appropriation for a financial year by more than 5%; and

  • (b) no other transfer under this section to that appropriation has occurred during that financial year; and

  • (c) the total amount appropriated for that financial year for all output expense appropriations in that Vote is unaltered.

  (2) A clause that confirms the making of an Order in Council under subsection (1) in a financial year must be included in an Appropriation Bill that applies to that financial year.

  (3) Subsection (2) does not limit the validity of an Order in Council made under subsection (1) or the validity of any transfer made under that Order in Council.

  Section 26A was inserted, as from 1 July 1994, by section 19 Public Finance Amendment Act 1994 (1994 No 18).

  Parts 1 and 2 (sections 4 to 26A) were substituted by new Parts 1 and 2 (sections 4 to 26Z), as from 25 January 2005, by section 7 Public Finance Amendment Act 2004 (2004 No 113). See sections 32 to 36 of that Act as to the transitional provisions.