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APPROPRIATION (PARLIAMENT 2014-2015) BILL 2014

 Appropriation (Parliament 2014-2015)
               Bill 2014

                         Introduction Print


               EXPLANATORY MEMORANDUM


                                  General
This Bill provides appropriation authority for payments from the
Consolidated Fund to the Parliament in respect of the 2014/2015 financial
year. The amounts contained in Schedule 1 to the Bill provide for the
ongoing operations of the Parliament, new output initiatives and new asset
investment in so far as these are funded by way of annual appropriation.
In addition to the annual appropriations contained in this Bill, funds are
also made available to the Parliament by way of special appropriation.
Special appropriations arise through provisions that are contained in
legislation. These appropriations provide for the specific purposes set out in
that legislation and they do not lapse annually like the annual Appropriation
Act. Details of these can be found in Table A.4 of Budget Paper No. 5:
Statement of Finances.
Unapplied appropriation under the Appropriation (Parliament 2013-2014)
Act 2013 has been estimated and is included in the Budget Papers. At the
end of the 2013/2014 financial year actual unapplied appropriations are
finalised, approved carryover amounts determined and the 2014/2015
appropriations increased accordingly, pursuant to section 32 of the Financial
Management Act 1994.
To enable comparison of the appropriations between years, Schedule 1 to the
Bill contains both the 2013/2014 and the 2014/2015 appropriated amounts.




571480                                 1       BILL LA INTRODUCTION 5/5/2014

 


 

Clause Notes The Bill is comprised of 6 clauses as follows-- Clause 1 defines the purpose of the Bill. Clause 2 specifies that the Bill comes into operation on the day it receives Royal Assent. Clause 3 provides that the Treasurer may issue the stated amount out of the Consolidated Fund in respect of the financial year 2014/2015 for the purposes set out in Schedule 1 to the Bill. Subclauses (2) and (3) provide authority for additional appropriation if necessary for increases in salaries and related costs that may be the result of determinations or legislation during the year. Clause 4 provides that the Consolidated Fund is appropriated to the extent necessary for the purposes included in clause 3. Clause 5 provides that the amounts specified for an item in Schedule 1 are to be applied subject to section 31 of the Financial Management Act 1994 and on the basis that the amounts specified for that item are not exceeded. The clause also states that if depreciation is included in the provision of outputs of a Department in Schedule 1 to the Bill, then the additions to the net asset base of that Department may be increased, subject to the Treasurer's approval, by an amount up to the depreciation amount. Clause 6 provides for the application of amounts in 2014/2015 for arrangements, expenses or obligations that arise in 2014/2015 but do not require payment until a future year. 2

 


 

 


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