Explanatory Memorandum

Budget Act (Northern Ireland) 2011

2011 CHAPTER 14

22 March 2011

Commentary on Sections

Section 2: Use of resources (other than accruing resources) in the year ending 31st March 2011

This section authorises the use of resources amounting to £16,233,236,000 for 2010-2011 for the purposes specified in column 1 of Schedule 2.

Sub-section (4) provides authority for the resource limits set by the Budget Act (Northern Ireland) 2010, the Budget (No. 2) Act (Northern Ireland) 2010 and the Budget (No. 3) Act (Northern Ireland) 2010 to be superseded by the amounts specified in column 2 of Schedule 2 to the Budget Act (Northern Ireland) 2011.