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(1)The amount up to which authorisation was conferred for the use of resources for the year ending with 31 March 2012 is to be treated as further increased by £12,103,394,000.
(2)In relation to the further amount treated as authorised by subsection (1)—
(a)£16,496,789,000 is to be treated as authorised for use for current purposes; and
(b)the amount up to which there is authorisation for use for capital purposes is to be treated as reduced by £4,393,395,000.
(3)The amount up to which authorisation was conferred on the Treasury—
(a)to issue money out of the Consolidated Fund, and
(b)to apply it in the year ending with 31 March 2012 for expenditure authorised by Parliament,
is to be treated as further increased by £7,343,405,000.
(4)The increases for which subsections (1), (2)(a) and (3) provide, and the reduction for which subsection (2)(b) provides, are to be treated as having had effect from the beginning of 1 April 2011.
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