This page is about a bill. That means that it's not the law yet, but some people want it to be the law. It could change quickly, and some of the information is just a draft.

Natural Environment Bill

Enforcement and other matters - Miscellaneous - Allocation methods

317: Minister may make grants and loans

You could also call this:

"The Minister can give money to help the environment, with rules to follow."

Illustration for Natural Environment Bill

The Minister can give you money as a grant or loan if they think it will help achieve the purpose of this proposed law. They can decide what conditions you must follow to get this money. The Minister can only use money that Parliament has agreed they can use for this purpose. The Minister must put any money they get back into a special bank account. This account is called a Crown Bank Account, or another account that the Minister of Finance says is okay. The Minister must follow these rules when giving out grants and loans. The Minister has to follow the rules about money when making these decisions. The Minister is in charge of making sure the money is used correctly. The money must be used to help achieve the purpose of this proposed law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1530173.

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Part 6Enforcement and other matters
Miscellaneous: Allocation methods

317Minister may make grants and loans

  1. The Minister may make grants and loans on such conditions as he or she thinks fit to any person to assist in achieving the purpose of this Act.

  2. All money spent or advanced by the Minister under this section must be paid out of money appropriated by Parliament for the purpose.

  3. All money received by the Minister under this Act must be paid into a Crown Bank Account or such other account as may be approved by the Minister of Finance.