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Financial Provisions Act (Northern Ireland) 2009

Background and Policy Objectives

3.A Financial Provisions Act is normally required at intervals of every two or three years to deal with routine financial matters, including non-controversial amendments to financial legislation or to regularise an existing practice. On this occasion the Act contains a number of miscellaneous financial provisions authorising expenditure for which there is no other suitable legislative vehicle at present and a repeal of a redundant statutory obligation.

The Bill contains provisions

  • Conferring absolute privilege for reports of the Comptroller and Auditor General;

  • Authorising expenditure for consumer purposes; expenditure relating to social economy enterprises; expenditure for purposes of children and young persons; and expenditure for purposes of sustainable development; and

  • Repealing a requirement to prepare Finance Accounts.

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Explanatory Notes

Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.


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