Explanatory Memorandum

Budget (No.2) Act (Northern Ireland) 2002

2002 CHAPTER 7

12 August 2002

Commentary on Sections

Section 4 : Limit on use of accruing resources in year ending 31st March 2003

This section sets relevant limits on the total amount of accruing resources, including both operating and non-operating accruing resources that may be directed to be used for certain specified purposes as shown separately in the Estimates for 2002-03. The total amounts are specified in column 3 of Schedule 2 and may be directed to be used for the purposes specified in the corresponding entries in column 1 of that Schedule.