Supplementary provision for 2014-15

2Authorisation of supplementary provision for 2014-15

1

The amount up to which authorisation was conferred for the use of resources for the year ending with 31 March 2015 is to be treated as reduced by £25,966,065,000.

2

In relation to the amount of £25,966,065,000 mentioned in subsection (1)—

a

the amount up to which there is authorisation for use for current purposes is to be treated as reduced by £18,771,359,000; and

b

the amount up to which there is authorisation for use for capital purposes is to be treated as reduced by £7,194,706,000.

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 2015 for expenditure authorised by Parliament,

is to be treated as further increased by £10,564,522,000.

4

The increase and reductions for which this section provides are to be treated as having had effect from the beginning of 1 April 2014.