- Title page
- Crown Entities Act 2004 and Amendment Act 2013
- Human Rights Act 1993
- NZ Bill of Rights Act 1990
- Official Information Act 1982
- Protected Disclosures Act 2000
- Public Finance Act 1989 and Amendment Act 2013
- Public Records Act 2005
- State-Owned Enterprises Act 1986
- State Sector Act 1988 and Amendment Act 2013
Public Finance Act 1989 and Amendment Act 2013
The Public Finance Act changes provide greater financial flexibility for resources to be shared between departments and allocated to where they can best contribute to achieving results.
Changes already in force
- Changes to chief executives' responsibilities for financial matters
- Financial flexibility tools - multi-category appropriations (MCAs) - making clear that one department can use an appropriation administered by another department
Changes for 2014/15 financial year
- Legislation provides for more meaningful reporting information from agencies in accountability documents such as Estimates and annual reports so that Parliament and the public can more easily see what taxpayers' money is intended to achieve and has achieved.
- Allowing Statement of Intents (SOIs) to last for up to three years
- Public Finance Amendment Act 2013:
View the Public Finance Act 1989 (update/reprint as at 1 July 2013, due out shortly) online at:www.legislation.govt.nz/act/public/2013/0050/latest/DLM5326005.html?src=qswww.legislation.govt.nz/act/public/1989/0044/latest/contents.html
The Public Finance Act 1989 provides the legal framework for the financial management system of the Government. It controls the financial activity of the Government and the manner in which Parliament keeps a watch on the executive's expenditure of public money. It provides the basis for the appropriation and management of public resources. It prescribes the reporting requirements for the Crown, departments, and Crown entities.
The Act is one of the bases of State sector management reform in New Zealand: it shifted departmental financial and resource management to a new footing. The Act defines 'outputs', which are the goods or services supplied by a department, Crown entity, Office of Parliament, or other person or body. It includes goods or services that the department (etc) has agreed or contracted to supply on a contingent basis, but that have not been supplied. The Act defines 'outcome'. This means a state or condition of society, the economy, or the environment, and includes a change in that state or condition.
The Act was substantially amended in 2004, in the same Bill containing the Crown Entities Bill and the State Sector Amendment (no.2) Bill. The Bills were split off into their individual Acts at the Committee stage of the House. The Public Finance Amendment repealed the Fiscal Responsibility Act 1994 and now the Public Finance Act includes those provisions. The Amendment came into force on 25 January 2005.