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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.

  1. 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.
  2. The criteria for determining which investment decisions require Cabinet approval and guidance on the better business cases framework are available on the Treasury website.