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Supply and Appropriation (Anticipation and Adjustments) Act 2016

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This is the original version (as it was originally enacted).

Excesses for 2014-15

4Authorisation of excesses 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 further increased, for the purpose of making good excesses, by £105,229,000.

(2)Of the further amount treated as authorised by subsection (1)

(a)£104,823,000 is to be treated as authorised for use for current purposes; and

(b)£406,000 is to be treated as authorised for use for capital purposes.

(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, for the purpose of making good excesses, by £275,000.

(4)The increases for which this section provides are to be treated as having had effect from the beginning of 1 April 2014.

5Appropriation of excesses for 2014-15

(1)For the purpose of appropriating—

(a)the amount of resources the use of which for the year ending with 31 March 2015 is authorised by section 4(1), and

(b)the amount of money the issue of which out of the Consolidated Fund is authorised by section 4(3),

the Main Estimates Act 2014 is to be treated as having effect with the adjustments provided for in Schedule 2 to this Act.

(2)Schedule 2 specifies the amounts by which adjustments are to be treated as made to the amounts specified in the Scheduled Estimates in the Main Estimates Act 2014 and to the amounts treated as so specified.

(3)For the purpose of making the adjustments in Schedule 2 an adjustment has effect to increase an amount of authorised expenditure and, where applied to an estimated surplus, reduces it.

(4)Accordingly, where an adjustment of more than the amount itself is made to the amount of an estimated surplus, what results is an amount of authorised expenditure.

(5)In this section a reference to an amount treated as specified in a Scheduled Estimate is a reference to any amount treated as so specified in consequence of any adjustment made by virtue of the Supply and Appropriation (Anticipation and Adjustments) Act 2015, and references to adjusting such an amount are to be read accordingly.

(6)In this section—

  • “estimated surplus” has the same meaning as in the Main Estimates Act 2014;

  • “Main Estimates Act 2014” means the Supply and Appropriation (Main Estimates) Act 2014.

(7)The adjustments made by virtue of this section are to be treated as having had effect from the beginning of 1 April 2014.

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