Explanatory Memorandum to Budget (Northern Ireland) Order 2003 Explanatory Memorandum

Article 4: : Revised limit on the use of resources (other than accruing resources) for year ending 31st March 2003.

This article authorises the use of resources amounting to £10,503,229,000 for 2002-2003, for the purposes specified in column 1 of Schedule 2

Paragraph (4) provides authority for the resources limits set by the Budget Act (Northern Ireland) 2002 and the Budget (No. 2) Act (Northern Ireland) 2002 to be superseded by the amounts specified in column 2 of Schedule 2 of the Budget (Northern Ireland) Order 2003.

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