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Valuers Bill

Miscellaneous - Financial provisions

101: Other provisions relating to reimbursement

You could also call this:

"The Board pays back some money and the Minister decides how much."

Illustration for Valuers Bill

The Board will pay certain amounts from their own money. You can find out more about this in sections 99 and 100. The Minister will decide how much the Board must pay each year. If there's a disagreement about the amount, the Minister will make the final decision. Their decision is the last word on the matter. You can read about this in more detail in sections 99 and 100.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS641241.


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100: Board must reimburse government agency for expenditure incurred in relation to this Act, or

"The Board pays back the government for money spent on this law"


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102: Fees payable to Institute, or

"Paying fees to the Valuers Institute"

Part 4Miscellaneous
Financial provisions

101Other provisions relating to reimbursement

  1. The Board must pay amounts under sections 99 and 100 out of the money of the Board.

  2. If a question arises as to the amount that the Board must pay in a financial year,—

  3. the Minister must determine the question; and
    1. the Minister’s decision is final.