Explanatory Memorandum

Budget (No. 2) Act (Northern Ireland) 2021

2021 CHAPTER 5

4 August 2021

Commentary on Sections

Section 1: Issue of sum out of the Consolidated Fund for the year ending 31 March 2022 and appropriation of that sum

Sub-section (1) authorises the issue out of the Consolidated Fund of Northern Ireland of the sum of £10,342,800,000 for 2021-22.

Sub-section (2) appropriates that sum for the purposes specified in column 1 of Schedule 1.