Explanatory Memorandum

Budget (No. 2) Act (Northern Ireland) 2011

2011 CHAPTER 29

25 July 2011

Commentary on Sections

Section 4: Limit on use of accruing resources in year ending 31st March 2012

This section sets the limits on the accruing resources that may be directed to be used for certain specified purposes in the year ending 31st March 2012 in addition to the resources authorised by Section 3.  Sub-section (2) provides authority for the direction of accruing resources as specified in column 3 of Schedule 2 to be used for the purposes specified in the corresponding entries in column 1 of that Schedule.