New Zealand Legislation: Acts
Acts are laws made by Parliament
| Public Act | 1995 No 29 |
| Date of assent | 23 June 1995 |
This Act is administered in the Treasury
4 Appropriations for expenses to be incurred [Repealed]
5 Appropriations of public money [Repealed]
6 Appropriations for liabilities to be incurred [Repealed]
7 Appropriation applying for five financial years [Repealed]
An Act—
(a) To authorise the Crown to spend public money and to incur expenses and liabilities during the financial year ending with the 30th day of June 1995 by appropriating public money, expenses, and liabilities for that financial year; and
(b) To authorise the Crown to spend public money and to incur expenses in relation to historical Treaty of Waitangi settlements during the period of five financial years ending with the 30th day of June 1999 by appropriating public money and expenses for those five financial years
WHEREAS section 4(1) of the Public Finance Act 1989 provides that no expenditure of public money shall be made other than in accordance with an appropriation by Act of Parliament: And whereas section 4(2) of the Public Finance Act 1989 provides that no expense or liability shall be incurred by the Crown in relation to any transaction for which expenses or liabilities are required to be appropriated under section 4(3) of that Act other than in accordance with an appropriation by Act of Parliament: And whereas section 4(6) of the Public Finance Act 1989 provides that an Appropriation Act may stipulate that an appropriation is to apply for a number of financial years which exceeds one but which does not exceed five: And whereas it is desirable that the Crown be authorised, in accordance with the appropriations made by this Act, to spend public money and to incur expenses and liabilities during the financial year ending with the 30th day of June 1995 and, given the Crown's commitment to settling historical Treaty of Waitangi claims and the uncertain timing of achieving settlement of each such claim, to spend public money and to incur expenses in relation to historical Treaty of Waitangi settlements during the five financial years ending with the 30th day of June 1999:
BE IT THEREFORE ENACTED by the Parliament of New Zealand as follows: