Rule 65:
Business cases and investment decisions
Explains the requirement for agencies to consult with Treasury for certain types of expenditure, lease or asset disposals.
- Cabinet approval is required for certain types of expenditure, lease or asset disposal proposals from departments, Crown Agents and other Crown Entities. If an agency wants to undertake a project which meets certain criteria, it must consult with Treasury and the project proposal will be assessed and reviewed against Treasury’s published better business cases framework.
- The criteria for determining which investment decisions require Cabinet approval and guidance on the better business cases framework are available on the Treasury website.