Formats and related files
Note 56
From the Estimates of Appropriations 2014/15 in Budget 2014, Vote Commerce was merged into a new Vote - Vote Commerce and Consumer Affairs.
APPROPRIATION MINISTER(S): Minister of Commerce (M13)
APPROPRIATION ADMINISTRATOR: Ministry of Business, Innovation and Employment
RESPONSIBLE MINISTER FOR MINISTRY OF BUSINESS, INNOVATION AND EMPLOYMENT: Minister for Economic Development
Supplementary Estimates of Appropriations#
Details of Appropriations#
Annual and Permanent Appropriations
| 2013/14 | |||
|---|---|---|---|
| Titles and Scopes of Appropriations by Appropriation Type | Estimates Budget $000 |
Supplementary Estimates Budget $000 |
Total Budget $000 |
Departmental Output Expenses |
|||
Administration of Insolvencies (M13)The administration of bankruptcies and liquidations under the Insolvency Act 2006 and the Companies Act 1993 and the management of criminal proceeds orders under the Proceeds of Crime Act 1991, and the Criminal Proceeds (Recovery) Act 2009. |
14,673 | - | 14,673 |
Business Law and Competition operational policy, ministerial servicing and Crown entity monitoring (M13)This appropriation is limited to the development of operational policies in relation to financial sector legal frameworks, competition law and corporate governance, intellectual property, technical barriers to trade, trade rules remedies and tariffs, and other border issues, services to support the Minister, monitoring the performance and compliance of Crown Entitles, and providing support and monitoring of statutory bodies. |
2,292 | (1,050) | 1,242 |
Policy Advice - Business Law and Competition Policy (M13)This appropriation is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision-making by Ministers on government policy matters. |
7,751 | 3,689 | 11,440 |
Policy Advice and Investigative Services - Regulatory Environment MCOA (M13) |
1,174 | (200) | 974 |
Administration of Trade RemediesThis appropriation is limited to investigative services including ministerial servicing to establish whether New Zealand industries require remedies to prevent injury caused by dumped or subsidised imports or sudden import surges. |
1,174 | (200) | 974 |
Registration and Granting of Intellectual Property Rights (M13)Administering legislation providing for the protection of intellectual property rights by the granting of patents and plant variety rights, the registration of trademarks and designs. |
13,904 | 500 | 14,404 |
Registration and Provision of Statutory Information (M13)Registering and provision of documents and information services in respect of all corporate entities, securities over insurance and superannuation schemes and securities over personal property (excluding land). |
23,396 | 1,376 | 24,772 |
Total Departmental Output Expenses |
63,190 | 4,315 | 67,505 |
Non-Departmental Output Expenses |
|||
Accounting and Assurance Standards Setting (M13)This appropriation is limited to the funding of financial reporting and auditing and assurance standards setting for the purposes of promoting the quality of financial reporting. |
4,410 | - | 4,410 |
Administration of the Takeovers Code (M13)The performance of statutory functions by the Takeovers Panel as specified in the Takeovers Act 1993. |
1,494 | - | 1,494 |
Enforcement of Dairy Sector Regulation and Auditing of Milk Price Setting (M13)This appropriation is limited to funding for reviewing Fonterra's milk price setting arrangements, and dispute resolution relating to and enforcement of the Dairy Industry Restructuring Act 2001 and related regulations. |
1,245 | - | 1,245 |
Enforcement of General Market Regulation (M13)This appropriation is limited to the promotion of fair trading and competitive markets through the administration, enforcement and adjudication activities of the Commerce Commission, and the internal costs of major litigation undertaken by the Commerce Commission in relation to all of its statutory functions. |
16,435 | - | 16,435 |
Performance of Investigation and Enforcement Functions (M13)This appropriation is limited to the performance of statutory functions relating to the investigation and enforcement of financial markets legislation, including the assessment of complaints, tips, and referrals. |
7,973 | - | 7,973 |
Performance of Licensing and Compliance Monitoring Functions (M13)This appropriation is limited to the performance of statutory functions relating to licensing of market participants and risk-based monitoring of compliance, including with disclosure requirements under financial markets legislation. |
12,556 | - | 12,556 |
Performance of Market Analysis and Guidance, Investor Awareness, and Regulatory Engagement Functions (M13)This appropriation is limited to the performance of statutory functions relating to market intelligence, guidance, exemptions, investor education, and regulatory and government co-operation and advice. |
7,241 | - | 7,241 |
Regulation of Airport Services (M13)This appropriation is limited to the regulation of specified airport services provided by Auckland, Wellington and Christchurch International Airports, under Part 4 of the Commerce Act 1986. |
600 | - | 600 |
Regulation of Electricity Lines Businesses (M13)This appropriation is limited to the regulation of electricity lines businesses and Transpower under Part 4 of the Commerce Act 1986. |
5,939 | 453 | 6,392 |
Regulation of Natural Gas Services (M13)This appropriation is limited to the regulation of natural gas services under Part 4 of the Commerce Act 1986. |
1,586 | - | 1,586 |
Retirement Commissioner (M13)This appropriation is limited to services from the Retirement Commissioner to develop and promote methods of improving the effectiveness of retirement income policies, through the publishing of information and the delivery of a comprehensive public financial education programme. |
5,782 | - | 5,782 |
Total Non-Departmental Output Expenses |
65,261 | 453 | 65,714 |
Non-Departmental Other Expenses |
|||
Commerce Commission Litigation Fund (M13)This appropriation is limited to meeting the external direct costs of major litigation activity undertaken by the Commerce Commission arising from its general market or sector specific activities. |
8,000 | - | 8,000 |
Contributions to International Organisations (M13)Annual fee for New Zealand's membership of the International Copyright and Patent Union; International Patent Documentation Centre; International Standards Association; International Union for the Protection of New Plant Varieties. |
485 | - | 485 |
Financial Markets Authority Litigation Fund (M13)This appropriation is limited to meeting the cost of major litigation activity arising from the enforcement of financial markets and securities markets law. |
2,000 | - | 2,000 |
Takeovers Panel Litigation Fund (M13)This appropriation is limited to meeting the cost of major litigation activity undertaken by the Takeovers Panel arising from it carrying out functions under the Takeovers Act 1993 and the Takeovers Code. |
200 | - | 200 |
Total Non-Departmental Other Expenses |
10,685 | - | 10,685 |
Total Annual and Permanent Appropriations |
139,136 | 4,768 | 143,904 |
Supporting Information#
Part 1 - Vote as a Whole#
1.2 - Trends in the Vote
Summary of Financial Activity
| 2013/14 | |||||
|---|---|---|---|---|---|
| Supplementary Estimates | |||||
| Estimates $000 |
Departmental Transactions $000 |
Non-Departmental Transactions $000 |
Total Transactions $000 |
Total $000 |
|
Appropriations |
|||||
| Output Expenses | 128,451 | 4,315 | 453 | 4,768 | 133,219 |
| Benefits and Other Unrequited Expenses | - | N/A | - | - | - |
| Borrowing Expenses | - | - | - | - | - |
| Other Expenses | 10,685 | - | - | - | 10,685 |
| Capital Expenditure | - | - | - | - | - |
| Intelligence and Security Department Expenses and Capital Expenditure | - | - | N/A | - | - |
| Multi-Category Expenses and Capital Expenditure (MCA) | |||||
Output Expenses |
- | - | - | - | - |
Other Expenses |
- | - | - | - | - |
Capital Expenditure |
- | N/A | - | - | - |
Total Appropriations |
139,136 | 4,315 | 453 | 4,768 | 143,904 |
Crown Revenue and Capital Receipts |
|||||
| Tax Revenue | - | N/A | - | - | - |
| Non-Tax Revenue | 24,880 | N/A | 6,028 | 6,028 | 30,908 |
| Capital Receipts | - | N/A | - | - | - |
Total Crown Revenue and Capital Receipts |
24,880 | N/A | 6,028 | 6,028 | 30,908 |
Mapping the Layout of the 2013/14 Supplementary Estimates to the Layout of the 2013/14 Estimates
| Supplementary Estimates Structure 2013/14 | Estimates Structure 2013/14 | ||
|---|---|---|---|
| Part # | Part Name | Part # | Part Name |
| 2.1 | Departmental Output Expenses | 2.1 | Departmental Output Expenses |
| 2.2 | Departmental Other Expenses | 5.1 | Departmental Other Expenses |
| 2.3 | Departmental Capital Expenditure and Capital Injections | 6.1 | Departmental Capital Expenditure |
| 3.1 | Non-Departmental Output Expenses | 2.2 | Non-Departmental Output Expenses |
| 3.2 | Non-Departmental Benefits and Other Unrequited Expenses | 3.2 | Non-Departmental Benefits and Other Unrequited Expenses |
| 3.3 | Non-Departmental Borrowing Expenses | 4.2 | Non-Departmental Borrowing Expenses |
| 3.4 | Non-Departmental Other Expenses | 5.2 | Non-Departmental Other Expenses |
| 3.5 | Non-Departmental Capital Expenditure | 6.2 | Non-Departmental Capital Expenditure |
| 4 | Multi-Category Expenses and Capital Expenditure | N/A | Did not exist in the Estimates |
Part 2 - Details of Departmental Appropriations#
2.1 - Departmental Output Expenses
Business Law and Competition operational policy, ministerial servicing and Crown entity monitoring (M13)
Scope of Appropriation
This appropriation is limited to the development of operational policies in relation to financial sector legal frameworks, competition law and corporate governance, intellectual property, technical barriers to trade, trade rules remedies and tariffs, and other border issues, services to support the Minister, monitoring the performance and compliance of Crown Entitles, and providing support and monitoring of statutory bodies.
Expenses and Revenue
| 2013/14 | |||
|---|---|---|---|
| Estimates $000 |
Supplementary Estimates $000 |
Total $000 |
|
| Total Appropriation | 2,292 | (1,050) | 1,242 |
| Revenue from the Crown | 2,267 | (1,050) | 1,217 |
| Revenue from Others | 25 | - | 25 |
Reasons for Change in Appropriation
This appropriation decreased by $1.050 million to $1.242 million for 2013/14. The decrease in 2013/14 is a result of a fiscally neutral adjustment for $1.050 million to reflect the introduction of a one cost allocation methodology following the establishment of MBIE and implementation of the organisation's management structure.
Policy Advice - Business Law and Competition Policy (M13)
Scope of Appropriation
This appropriation is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision-making by Ministers on government policy matters.
Expenses and Revenue
| 2013/14 | |||
|---|---|---|---|
| Estimates $000 |
Supplementary Estimates $000 |
Total $000 |
|
| Total Appropriation | 7,751 | 3,689 | 11,440 |
| Revenue from the Crown | 7,680 | 3,640 | 11,320 |
| Revenue from Others | 71 | 49 | 120 |
Reasons for Change in Appropriation
This appropriation increased by $3.689 million to $11.440 million for 2013/14. The increase relates to a fiscally neutral adjustment of $3.780 million in 2013/14 to reflect the introduction of a one cost allocation methodology following the establishment of MBIE and implementation of the organisation's management structure. This increase is offset by a $91,000 transfer to Vote Foreign Affairs and Trade (MFAT) to lead Free Trade Agreements (FTA) where MBIE has policy leadership.
Policy Advice and Investigative Services - Regulatory Environment MCOA (M13)
Scope of Appropriation
Administration of Trade Remedies
This appropriation is limited to investigative services including ministerial servicing to establish whether New Zealand industries require remedies to prevent injury caused by dumped or subsidised imports or sudden import surges.Policy and Purchase Advice - Business Law and Competition Policy
This appropriation is limited to policy advice and ministerial servicing in relation to international negotiating expertise on the financial sector legal frameworks; competition law policy and corporate governance policy; intellectual property rights; standards and conformance issues and technical barriers to trade; trade remedies, tariffs, rules of origin, and other border issues; quality of regulatory policy, including the regulatory impact analysis regime; and monitoring of Crown entities and statutory boards.Explanation for Use of Multi-Class Output Expense Appropriation
Both output classes are directed at the intermediate outcome of New Zealand's international connections facilitating sustainable economic growth through increased international trade, foreign investment and knowledge transfer.
Expenses and Revenue
| 2013/14 | |||
|---|---|---|---|
| Estimates $000 |
Supplementary Estimates $000 |
Total $000 |
|
Total Appropriation |
1,174 | (200) | 974 |
| Administration of Trade Remedies | 1,174 | (200) | 974 |
| Policy and Purchase Advice - Business Law and Competition Policy | - | - | - |
Revenue from the Crown |
1,174 | (200) | 974 |
| Administration of Trade Remedies | 1,174 | (200) | 974 |
| Policy and Purchase Advice - Business Law and Competition Policy | - | - | - |
Revenue from Others |
- | - | - |
| Administration of Trade Remedies | - | - | - |
| Policy and Purchase Advice - Business Law and Competition Policy | - | - | - |
Reasons for Change in Appropriation
This appropriation decreased by $200,000 to $974,000 for 2013/14. The decrease is a result of a fiscally neutral adjustment to reflect the introduction of a one cost allocation methodology following the establishment of MBIE and implementation of the organisation's management structure.
Registration and Granting of Intellectual Property Rights (M13)
Scope of Appropriation
Administering legislation providing for the protection of intellectual property rights by the granting of patents and plant variety rights, the registration of trademarks and designs.
Expenses and Revenue
| 2013/14 | |||
|---|---|---|---|
| Estimates $000 |
Supplementary Estimates $000 |
Total $000 |
|
| Total Appropriation | 13,904 | 500 | 14,404 |
| Revenue from the Crown | 85 | - | 85 |
| Revenue from Others | 15,324 | 500 | 15,824 |
Reasons for Change in Appropriation
This appropriation increased by $500,000 to $14.404 million for 2013/14. The increase results from a fiscally neutral adjustment to reflect increased costs arising from increased volumes within the Trade Marks regime.
Registration and Provision of Statutory Information (M13)
Scope of Appropriation
Registering and provision of documents and information services in respect of all corporate entities, securities over insurance and superannuation schemes and securities over personal property (excluding land).
Expenses and Revenue
| 2013/14 | |||
|---|---|---|---|
| Estimates $000 |
Supplementary Estimates $000 |
Total $000 |
|
| Total Appropriation | 23,396 | 1,376 | 24,772 |
| Revenue from the Crown | 2,286 | 233 | 2,519 |
| Revenue from Others | 18,918 | 1,143 | 20,061 |
Reasons for Change in Appropriation
This appropriation increased by $1.376 million to $24.772 million for 2013/14. The increase relates to:
- $498,000 to reflect a policy decision relating to the Financial Markets Conduct Act 2013: Funding for Registers initiative
- $483,000 for the reform of business registries in Africa
- $208,000 fiscally neutral adjustment to reflect the transfer of the "0800 BIZ Service" from New Zealand Trade and Enterprise (NZTE) as a result of NZTE and MBIE agreeing to consolidate service provision of the "0800 BIZ Service" within MBIE
- $87,000 to reflect a policy decision relating to the Auctioneers Regulations 2014 initiative
- $75,000 for proposed changes to the companies register resulting from the Companies and Limited Partnerships amendments Bill, and
- $25,000 expense transfer from 2012/13 to reflect the timing in the completion of the solution design phase of the Employee Cost Calculator project.
Part 3 - Details of Non-Departmental Appropriations#
3.1 - Non-Departmental Output Expenses
Regulation of Electricity Lines Businesses (M13)
Scope of Appropriation
This appropriation is limited to the regulation of electricity lines businesses and Transpower under Part 4 of the Commerce Act 1986.
Reasons for Change in Appropriation
This appropriation increased by $453,000 to $6.392 million for 2013/14. The increase relates to an expense transfer from 2012/13 to reflect the delay in Transpower submitting the five-yearly revenue proposal as a result of reprioritisation.