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Budget (Scotland) Act 2017

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This is the original version (as it was originally enacted).

Use of resources etc.

1The Scottish Administration

(1)The Scottish Administration may use resources in financial year 2017/18 for the purposes specified in column 1 of schedule 1—

(a)in the case of resources other than accruing resources, up to the amounts specified in the corresponding entries in column 2 of that schedule,

(b)in the case of accruing resources, up to the amounts specified in the corresponding entries in column 3 of that schedule.

(2)Despite paragraphs (a) and (b) of subsection (1), the resources which may be used for a purpose specified in column 1 may exceed the amount specified in the corresponding entry in column 2 or (as the case may be) column 3 if—

(a)in the case of resources other than accruing resources, the first condition is met,

(b)in the case of accruing resources, the second condition is met.

(3)The first condition is that the total resources (other than accruing resources) used in financial year 2017/18 for all purposes specified in column 1 does not exceed the total of the amounts specified in column 2.

(4)The second condition is that the total accruing resources used in financial year 2017/18 for all purposes specified in column 1 does not exceed the total of the amounts specified in column 3.

2Direct-funded bodies

(1)A direct-funded body may use resources in financial year 2017/18 for the purposes specified in column 1 of schedule 2 in relation to the body.

(2)Resources other than accruing resources may be used for those purposes up to the amounts specified in the corresponding entries in column 2 of that schedule.

(3)Accruing resources may be used for those purposes up to the amounts specified in the corresponding entries in column 3 of that schedule.

3Borrowing by statutory bodies

In schedule 3, the amounts set out in column 2 are the amounts specified for financial year 2017/18 for the purposes of the enactments listed in the corresponding entries in column 1 (which make provision as to the net borrowing of the statutory bodies mentioned in that column).

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