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Measuring Remeasurements: Treasury Application Guidance (2006)
Measuring Remeasurements: Treasury Application Guidance

Publication Details

  • Measuring Remeasurements: Treasury Application Guidance
  • Published: 1 Jul 2006
  • Status: Current
  • Author: The Treasury
  • Hard copy: Available in Adobe PDF format only. HTML available on request from
  • Persistent URL for bibliographic use:

Measuring Remeasurements Treasury Applications Guidance

Version 1.1 published 01 Jul 2006

The Public Finance Act 1989, as amended by the Public Finance Amendment Act 2004, provides that the Crown or an Office of Parliament must not incur expenses except as authorised by an appropriation or other statutory authority. However, remeasurements, as defined by section 2 of the Act, are not included in the meaning of expenses (s4). The purpose of this paper is to establish guidance for making judgments as to whether an item is a remeasurement or an expense requiring appropriation.  This document is available for download in Adobe PDF format only.

Browse section/chapter Download/Page range

1 Introduction

2 Objective of Excluding Remeasurements from Appropriations

3 Legislative References

4 Making Judgements on Remeasurements

  • 4.1 Examples of Remeasurements
  • 4.2 Losses on Sale or Disposal of Assets
  • 4.3 Distinguishing between Forgiveness, Provisions and Write-offs
  • 4.4 Movements in Value of Working Capital Items
  • 4.5 Changes in Accounting Policy
  • 4.6 Initial Measurements and Remeasurements

5 Managing Remeasurements

  • 5.1 Non-departmental Remeasurements
  • 5.2 Departmental Remeasurements
  • 5.3 Revaluations That Are Not Remeasurements
  • 5.4 Realising Revaluation Gains and Losses
remeasurements.pdf(77 KB) pp. 11

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