Estimates of appropriations

Vote Serious Fraud - Estimates of Appropriations 2012/13 - Estimates 2012/2013

MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister of Police (M51)

ADMINISTERING DEPARTMENT: Serious Fraud Office

MINISTER RESPONSIBLE FOR SERIOUS FRAUD OFFICE: Minister of Police

Overview of the Vote#

The Minister of Police is responsible for appropriations in the Vote for the 2012/13 financial year covering the following:

  • a total of $10 million for detecting, investigating and prosecuting cases of serious financial crime by the Serious Fraud Office (SFO), and includes activities directed at making the commission of financial crimes more difficult, and the detection and prosecution more effective
  • a total of $250,000 for the provision of advice by the Serious Fraud Office (including research and contributions to policy advice by other agencies) to support decision-making by Ministers on government policy matters relating to financial crime, and
  • a total of $150,000 on the purchase or development of assets by, and for the use of the Serious Fraud Office.

Details of these appropriations are set out in Parts 2-6 for Vote Serious Fraud in the Information Supporting the Estimates of Appropriations.

Details of Appropriations#

Details of Annual and Permanent Appropriations

Details of Annual and Permanent Appropriations - Serious Fraud
  2011/12 2012/13
Titles and Scopes of Appropriations by Appropriation Type Budgeted
$000
Estimated
Actual
$000
Budget
$000

Departmental Output Expenses

     

Investigation and Prosecution of Serious Financial Crime (M51)

This appropriation is limited to detecting, investigating and prosecuting serious financial crimes by the Serious Fraud Office, and includes activities directed at making the commission of financial crimes more difficult, and detection and prosecution more effective.
- - 9,929

Policy Advice (M51)

This appropriation is limited to the provision of advice (including research and contributions to policy advice led by other agencies) to support decision-making by Ministers on government policy matters relating to financial crime.
- - 250

Investigation and Prosecution of Complex or Serious Fraud (M51)

The detection, investigation and prosecution of cases of suspected serious fraud offending brought to the attention of, or detected by, the Serious Fraud Office.
7,928 7,928 -

Total Departmental Output Expenses

7,928 7,928 10,179

Departmental Capital Expenditure

     

Serious Fraud Office - Capital Expenditure PLA (M51)

This appropriation is limited to the purchase or development of assets by and for the use of the Serious Fraud Office, as authorised by section 24(1) of the Public Finance Act 1989.
378 377 150

Total Departmental Capital Expenditure

378 377 150

Total Annual and Permanent Appropriations

8,306 8,305 10,329

Details of Projected Movements in Departmental
Net Assets#

Serious Fraud Office

Serious Fraud Office - Details of Projected Movements in Departmental Net Assets - Serious Fraud
Details of Net Asset Schedule 2011/12
Estimated Actual
$000
2012/13
Projected
$000
Explanation of Projected Movements in 2012/13
Opening Balance 772 452  
Capital Injections - -  
Capital Withdrawals - -  
Surplus to be Retained (Deficit Incurred) (320) - Technical adjustment reducing 2011/12 taxpayer funds to recognise the repayment of a non-cash surplus from 2010/11.
Other Movements - -  

Closing Balance

452 452