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.

Valuers Bill

Miscellaneous - Financial provisions

104: Unauthorised expenditure

You could also call this:

"The Board can spend up to $200 on things not allowed by law."

The Board can spend some of its money on things that are not allowed by this proposed law or any other law, but only up to $200 in a year. You need to know that this is a small amount of money. The Board is only allowed to do this if the total amount spent is $200 or less.

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This page was last updated on 30 October 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS617030.

Topics:

Government and voting > Government departmentsMoney and consumer rights > Public funding

103: Institute must contribute to Board’s funds, or

"The Institute helps pay the Board's expenses with its own money."

105: Regulations, or

"Rules Made by the Governor-General"

Part 4Miscellaneous
Financial provisions

104Unauthorised expenditure

The Board may, in a financial year, expend out of its funds for purposes not authorised by any provision of this Act or by any other Act any sum or sums not amounting to more than $200 in total.