Budget Act (Northern Ireland) 2009 Explanatory Notes

Purpose

6.The Act authorises the use of resources for both 2008-09 and 2009-10. For 2008-09 a total revised amount of £15,730,008,000 is authorised and for 2009-10 a Vote on Account of £7,078,596,000 is taken to provide departments with provision for the early months of 2009-10, until the Main Estimates are voted in the summer. The Act revises the limits as set in the Budget (No. 2) Act (Northern Ireland) 2008 on the amount of accruing resources, including both operating and non-operating accruing resources, that may be directed to be used for certain purposes for the year ending 31st March 2009. The Act also authorises the issue of cash from the Consolidated Fund in support of services for both 2008-09 and 2009-10. For 2008-09 the Act authorises a total revised amount of £12,485,717,000 and for 2009-10 a Vote on Account of £5,618,965,000 is taken. In addition, the Act authorises temporary borrowing up to £2,809,483,000 in 2009-10 by the Department of Finance and Personnel.

7.The sums to be issued from the Consolidated Fund of Northern Ireland for the year ending 31st March 2009 are to be appropriated for services, as set out in Schedule 1 to the Act.

8.The amount of resources (including accruing resources) authorised for use for the year ending 31st March 2009 are to be used for the purposes specified in Schedule 2 to the Act.

9.The sums to be issued from the Consolidated Fund of Northern Ireland for the year ending 31st March 2010 are to be appropriated for services as set out in Schedule 3 to the Act.

10.The amount of resources authorised for use for the year ending 31st March 2010 are to be used for the purposes specified in Schedule 4 to the Act.

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