Appropriation (2010/11 Financial Review) Act 2012

1: Title
This Act is the Appropriation (2010/11 Financial Review) Act 2012.
2: Commencement
This Act comes into force on the day after the date on which it receives the Royal assent.
3: Purposes
The purposes of this Act are to—
a: confirm financial matters relating to the financial year ended 30 June 2011; and
b: validate other financial matters relating to the financial year ended 30 June 2011.
4: Interpretation
In this Act, unless the context otherwise requires, the terms benefit capital expenditure department expenses financial year other expenses output expenses Vote section 2(1)
5: Confirmation of emergency expenses incurred without appropriation and approved by Minister of Finance
1: The incurring of emergency expenses approved by the Minister of Finance under section 25
2: The emergency expenses are the approved emergency expenses—
a: set out in column 4 of Schedule 1
b: incurred, without appropriation, against the categories of expenses set out in column 3 of Schedule 1
6: Confirmation of Order in Council directing transfer of amounts between output expense appropriations
The Public Finance (Transfers Between Outputs) Order 2011 2012-05-08 Public Finance (Transfers Between Outputs) Order 2011 This just requires a history note to go under the commencement provision saying that the OIC has been confirmed (Include in End Notes also)
7: Confirmation of expenses incurred in excess of existing appropriation and approved by Minister of Finance
1: The incurring of expenses approved by the Minister of Finance under section 26B
2: The expenses are the expenses incurred in excess, but within the scope, of the existing appropriations set out in column 3 of Schedule 2
3: The approved expenses are shown in column 4 of Schedule 2
8: Validation of unappropriated expenses incurred with authority
1: The incurring of expenses by a department in the circumstances set out in subsection (2) is validated.
2: The circumstances are that,—
a: for the financial year ended 30 June 2011, the department incurred—
i: expenses in excess of the existing appropriations set out in column 3 of Schedule 3
ii: expenses without appropriation against the categories of expenses set out in column 3 of Schedule 4
b: the expenses referred to in paragraph (a) were incurred under the authority of an Imprest Supply Act.
3: In this section,— department Schedule 3 4 expenses Schedule 3 4
9: Validation of unappropriated expenses and capital expenditure incurred without authority
1: The incurring of expenses and capital expenditure by a department in the circumstances set out in subsection (2) is validated.
2: The circumstances are that,—
a: for the financial year ended 30 June 2011, the department incurred—
i: expenses or capital expenditure in excess of the existing appropriations set out in column 3 of Schedule 5
ii: expenses or capital expenditure without appropriation, or other authority, by or under an Act against the categories of expenses or capital expenditure set out in column 3 of Schedule 6
b: the expenses and capital expenditure referred to in paragraph (a) were not incurred under the authority of an Imprest Supply Act.
3: In this section,— capital expenditure Schedule 5 6 department Schedule 5 6 expenses Schedule 5 6
10: Validation of departmental net asset holding
1: The excess amount of net asset holding described in subsection (2) in a department is validated.
2: The excess amount of net asset holding is the amount of net assets, as set out in column 3 of Schedule 7
3: In this section,— department column 1 of Schedule 7 most recent projected balance of net assets
a: at the time when that projected balance was exceeded; and
b: as set out in column 2 of Schedule 7