79Disallowance of determinations relating to special accounts

79 Disallowance of determinations relating to special accounts

(1) This section applies to a determination made by the Finance Minister under subsection 78(1) or (3). (2) The determination is a legislative instrument, but section 42 (disallowance) of the Legislation Act 2003 does not apply to the determination. (3) The Finance Minister must cause a copy of the determination to be tabled in each House of the Parliament. (4) Either House may, following a motion upon notice, pass a resolution disallowing the determination. To be effective, the resolution must be passed in the period that: (a) starts on the day the copy of the determination is tabled in the House (the start day); and (b) ends on the fifth sitting day of the House after the start day. (5) If neither House passes such a resolution, the determination commences: (a) on the day immediately after the last day upon which such a resolution could have been passed; or (b) if a later day is specified in the determination—on that later day.