Sub-section (1) sets a limit on the amount of accruing resources, including both operating and non-operating accruing resources, that may be directed to be used for certain specified purposes in the year ending 31st March 2016 in addition to the resources authorised by Section 7.
Sub-section (2) provides authority for the direction of accruing resources as specified in column 3 of Schedule 5 to be used for the purposes specified in the corresponding entries in column 1 of that Schedule.