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Part 6.2 - Non-Departmental Capital Expenditure

Intended Impacts, Outcomes and Objectives

Intended Impacts, Outcomes and Objectives - Part 6.2 NonDepartmental Capital Expenditure - Environment
Intended Impacts, Outcomes or Objectives of AppropriationsAppropriations
Objectives:
To establish the Environmental Protection Authority.
Capital Contribution to the Environmental Protection Authority (M29)

Capital Contribution to the Environmental Protection Authority (M29)

Scope of Appropriation

This appropriation is limited to providing a capital injection to the Environmental Protection Authority.

Capital Expenditure

Capital Expenditure - Capital Contribution to the Environmental Protection Authority (M29) - Environment
2011/12
Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation-9,5949,594

Reasons for Change in Appropriation

This appropriation was approved during the year with the establishment of the Environmental Protection Authority. This appropriation received funding as below:

  • the transfer of $6.494 million net assets of the New Zealand Emissions Trading Scheme (NZ ETS) and future development of the Emissions Trading and Climate Change Registers from the Ministry of Economic Development
  • the transfer of $3.100 million for future capital work from the Departmental Multi-class Output Expense: Resource Management Implementation

Refer to the Environmental Protection Authority Statement of Intent (SOI) for more details.

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