Explanatory Memorandum to Budget (Northern Ireland) Order 2004 Explanatory Memorandum

1. Introduction

2. Background and Policy Objectives

3. Commentary on Articles

   1. Article 1: Title and commencement:

      Article 2: Interpretation

      Article 3: Issue of Sum out of the Consolidated Fund for year ending 31 March 2004 and appropriation of that sum.

   2. Article 4: Use of resources (other than accruing resources) in year ending 31 March 2004.

   3. Article 5:  Revised limits on use of certain accruing resources in year ending 31 March 2004

   4. Article 6:  Issue of sum out of the Consolidated Fund for year ending 31 March 2005 and appropriation of that sum.

   5. Article 7:  Power of the Department of Finance and Personnel to borrow

   6. Article 8:  Use of resources (other than accruing resources) for year ending 31 March 2005.