Explanatory Memorandum

Financial Assistance Act (Northern Ireland) 2009

2009 CHAPTER 2

4 February 2009

Overview

9.The Act has 6 sections.  Sections 1 and 2 give the First Minister and deputy First Minister the power to determine that certain circumstances exist which requires the provision of financial assistance. They also enable the First Minister and deputy First Minister to designate a Northern Ireland department to make a scheme to provide the financial assistance. Section 3 sets out what may be included in a scheme.  Section 4 provides for the form in which the financial assistance may be given.  Sections 5 and 6 are technical dealing with matters of interpretation and commencement respectively.