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Budget (No. 2) Act (Northern Ireland) 2012

Introduction

1.These Explanatory Notes relate to the Budget (No. 2) Act (Northern Ireland) 2012 which received Royal Assent on 20 July 2012.  They have been prepared by the Department of Finance and Personnel, in order to assist the reader in understanding the Act.  They do not form part of the Act and have not been endorsed by the Assembly.

2.The notes should be read in conjunction with the Act.  They do not, and are not meant to be, a comprehensive description of the Act.  So where a section or part of a section does not seem to require an explanation or comment, none is given.

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Explanatory Notes

Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.

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