The Treasury

Global Navigation

Personal tools

Treasury
Publication

Annual Report of the Treasury for the Year Ended 30 June 2016

Management of Landcorp Protected Land Agreement MCA

The overarching purpose of this appropriation is meeting the Crown's responsibilities under the Landcorp Protected Land Agreement.

What is intended to be achieved with this appropriation

This appropriation is intended to meet the Crown's responsibilities under the Landcorp Protected Land Agreement.

What was achieved with this appropriation

The Protected Land Agreement requires the Treasury to arrange for reimbursement to Landcorp for the costs it has incurred on farms that it is holding on behalf of the Crown (predominantly for the use in future Treaty settlements). The Treasury provided, on behalf of the Crown, $0.425 million in operating costs and $1.450 million in capital to Landcorp in 2015/16.

Performance measure Target for
2015/16
Performance for
2015/16
Forecast for
2016/17

Operating Costs

     
An exemption was granted under s15D(2)(b)(iii) of the Public Finance Act 1989 as the annual expenditure under this appropriation was less than $5 million. Exempt N/A Exempt

Capital Investments

     
An exemption was granted under s15D(2)(b)(iii) of the Public Finance Act 1989 as the annual expenditure under this appropriation was less than $15 million. Exempt N/A Exempt
2015
Actual
$000
Non-departmental 2016
Actual
$000
2016
Main Estimates
$000
2016
Supp. Estimates
$000
2017 Unaudited Forecast
as per BEFU 2016
$000
- Total appropriation 1,875 4,000 5,500 4,250
 

Non-departmental other expenses

       
- Operating costs 425 2,000 3,500 2,250
 

Non-departmental capital expenditure

       
- Capital investments 1,450 2,000 2,000 2,000
Page top