Supplementary estimates of appropriations

Vote Commerce - Supplementary estimates and supporting information 2008/09

MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister of Commerce (M13)

ADMINISTERING DEPARTMENT: Ministry of Economic Development

MINISTER RESPONSIBLE FOR MINISTRY OF ECONOMIC DEVELOPMENT: Minister for Economic Development

Details of Appropriations#

Details of Annual and Permanent Appropriations

Details of Annual and Permanent Appropriations - Commerce
2008/09
Titles and Scopes of Appropriations by Appropriation TypeEstimates
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 proceeds of crime orders under the Proceeds of Crime Act 1991.
13,3337713,410

Administration of Part II Tariff Concessions (M13)

Assessing applications by importers to be exempted from import duties under the tariff concessions policy.
352-352

Policy Advice and Investigative Services - Regulatory Environment MCOA (M13)

16,99650217,498
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.
1,101(1)1,100
Policy and Purchase Advice - Business Law and Competition Policy
This appropriation is limited to policy advice and ministerial servicing in relation to 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; the impact of environmental issues on economic development; quality of regulatory policy, including the regulatory impact analysis regime; competitive and sustainable government procurement; and monitoring of Crown entities and statutory boards
15,89550316,398

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.
13,4341313,447

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).
19,4536,18925,642

Total Departmental Output Expenses

63,5686,78170,349

Non-Departmental Output Expenses

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

Approval and Review of Financial Reporting Standards (M13)

This appropriation is limited to improvements to financial reporting standards.
1,125-1,125

Enforcement of Dairy Sector Regulation (M13)

Commerce Commission funding for dispute resolution relating to and enforcement of the Dairy Industry Restructuring Act 2001 and related regulations.
905-905

Enforcement of General Market Regulation (M13)

The promotion of competition and fair trading through the administration, enforcement and adjudication activities undertaken by the Commerce Commission.
16,74566717,412

Performance of Securities Market Functions (M13)

The performance of statutory functions by the Securities Commission in relation to the Securities Act 1978 and the Securities Markets Act 1988.
7,301-7,301

Total Non-Departmental Output Expenses

27,57066728,237

Non-Departmental Other Expenses

Commerce Commission Litigation Fund (M13)

This appropriation is limited to meeting the cost of major litigation activity undertaken by the Commerce Commission arising from its general market or sector specific enforcement activities outside the normal routine or scope of its general litigation activity.
9,000(1,000)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; and a share of New Zealand's annual subscription and obligations arising from the Basel Convention.
485-485

Risk Capital Fund - Directors' Fees (M13)

Payment of directors' fees for attendance at meetings.
5-5

Securities Commission Litigation Fund (M13)

This appropriation is limited to meeting the cost of major litigation activity undertaken by the Securities Commission arising from it carrying out functions under the Securities Markets Act 1988.
1,370-1,370

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.
444-444

Total Non-Departmental Other Expenses

11,304(1,000)10,304

Total Annual and Permanent Appropriations

102,4426,448108,890