(1) If:
(a) an annual report for a Parliamentary Department for the current year is tabled in the Parliament; and
(b) the report specifies an amount required by the Parliamentary Department in respect of an administered item; and
(c) the required amount is less than the amount of the item;
the item is taken to be reduced to the required amount.
(2) The Finance Minister may, by writing, determine that subsection (1):
(a) does not apply in relation to the item; or
(b) applies as if the amount specified in the annual report were the amount specified in the determination.
(3) A determination made under subsection (2) is a legislative instrument and, despite subsection 44(2) of the Legislative Instruments Act 2003 , section 42 (disallowance) of that Act applies to the determination. However, Part 6 (sunsetting) of that Act does not apply to the determination.