1) If an amount appropriated by an Annual Appropriation Act for a financial year -
(a) has not been used in that financial year ; or
(b) is unlikely to be used in that financial year ,
the Minister may authorise the carry-over to the following year of all or part of the unused appropriation that relates to known liabilities as at a particular date, and the amount authorised for carry-over may be used accordingly in that following year, subject to such conditions as the Minister specifies in the authorisation.
2) If -
(a) an authorisation under subsection (1) is made as at a date before the end of the financial year to which the unused appropriation relates; and
(b) some or all of the appropriated amount is subsequently used in that financial year , the amount authorised for carry-over is reduced accordingly.
3)
The amount
authorised for carry-over under subsection (1), reduced if and as required
under subsection (2), is appropriated for the year in which it is used, without
further appropriation than this Act.
(Financial Management Act 2004 s(19))