7.4 - Delegated block allocation transfers

Introduction

An approved organisation may adjust its approved:

• road maintenance and renewal programme at any time during the year by transferring funds between work categories comprising the block road maintenance allocation
• passenger transport programme at any time during the year by transferring funds between work categories comprising the passenger transport programme
• allocations for improvement projects by transferring funds between projects in an approved block allocation.

Limitations

Transfers are limited by the following requirements:

• Land Transport NZ’s share of the total allocation for the relevant year is not increased or decreased by the transfers
• the intended quality objectives of the approved programme are retained.

Rule: Transfers between activity classes or across regional boundaries require Land Transport NZ approval.

Reporting

Transfers must be advised promptly to Land Transport NZ.

Rule: Length adjustments arising from the transfers shall also be reported.

Documentation

Reasons for transfers shall be progressively documented by approved organisations throughout the year. This is so that such information is readily available for the audit process.