- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)For the purposes of section 6(1) of the 2001 Act, this section and section 9 authorise the use of resources in the year ending 31 March 2024.
(2)In that year, the use of resources by the persons mentioned in subsection (3) is authorised up to the amount of £17,404,266,000.
(3)The persons are—
(a)the Northern Ireland departments;
(b)the Food Standards Agency;
(c)the Northern Ireland Assembly Commission;
(d)the Northern Ireland Audit Office;
(e)the Northern Ireland Authority for Utility Regulation;
(f)the Northern Ireland Public Services Ombudsman;
(g)the Public Prosecution Service for Northern Ireland.
(4)Of the amount authorised by subsection (2)—
(a)£15,835,528,000 is authorised for use for current purposes, and
(b)£1,568,738,000 is authorised for use for capital purposes.
(1)Schedule 2 contains estimates relating to the persons mentioned in section 8(3) for the year ending 31 March 2024 (“Schedule 2 estimates”).
(2)In the year ending 31 March 2024, a person mentioned in section 8(3) may use resources in accordance with subsections (3) to (7) and the Schedule 2 estimate relating to that person.
(3)The person may use resources for the purposes specified in Part 2 of the estimate; but this is subject to subsections (4) to (7).
(4)Where Part 1 of the estimate authorises the use of net resources for current purposes, the person—
(a)may use resources up to the amount so authorised for current purposes;
(b)must not use those resources for capital purposes.
(5)Where Part 1 of the estimate authorises the use of net resources for capital purposes, the person—
(a)may use resources up to the amount so authorised for capital purposes;
(b)must not use those resources for current purposes.
(6)Where Part 1 of the estimate authorises the use of net resources in relation to a category of expenditure, the person—
(a)may use resources up to the amount so authorised for a purpose identified in the estimate as falling within that category of expenditure;
(b)must not use those resources for any other purpose.
(7)The categories of expenditure are—
(a)expenditure subject to a departmental expenditure limit;
(b)annually managed expenditure;
(c)non-budget expenditure.
The Department may issue out of the Consolidated Fund and apply to the service of the year ending 31 March 2024 the sum of £14,154,737,000.
(1)The sum that the Department may issue out of the Consolidated Fund under section 10 may be used for the year ending 31 March 2024 in accordance with subsection (2).
(2)The sum specified in Part 1 of a Schedule 2 estimate as a money requirement may be used by the person to whom the estimate relates for the purposes specified in Part 2 of the estimate.
(1)The Department may borrow on the credit of the sum specified in section 10 any sum or sums not exceeding in total £7,077,369,000.
(2)Any money so borrowed is to be repaid along with any interest due on it out of the Consolidated Fund not later than 31 March 2024.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: