Explanatory Memorandum

Budget Act (Northern Ireland) 2007

2007 CHAPTER 1

27 June 2007

Commentary on Sections

Section 1 : Issue of Sum out of the Consolidated Fund for year ending 31st March 2008 and appropriation of that sum.

Subsection (1) authorises the issue out of the Consolidated Fund of Northern Ireland the sum of £7,079,776,000 for 2007-2008.

Subsection (2) appropriates that sum for the purpose specified in Schedule 1.