Search Legislation

Budget Act (Northern Ireland) 2013

Commentary on Sections

Section 1: Issue of sum out of the Consolidated Fund for the year ending 31stMarch 2013 and appropriation of that sum

Sub-section (1) authorises the issue out of the Consolidated Fund of Northern Ireland of the revised sum of £15,459,758,000 for 2012-2013.

Sub-section (2) appropriates that sum for the purposes specified in column 1 of Schedule 1.

Sub-section (3) provides authority for cash limits set by the Budget Act (Northern Ireland) 2012 and the Budget (No. 2) Act (Northern Ireland) 2012 to be superseded by the amounts specified in column 2 of Schedule 1 to the Budget Act (Northern Ireland) 2013.

Section 2: Use of resources (other than accruing resources) in the year ending 31st March 2013

This section authorises the use of resources amounting to £16,572,965,000 for 2012-2013 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resource limits set by the Budget Act (Northern Ireland) 2012 and the Budget (No. 2) Act (Northern Ireland) 2012 to be superseded by the amounts specified in column 2 of Schedule 2 to the Budget Act (Northern Ireland) 2013.

Section 3: Revised limits on use of certain accruing resources in the year ending 31st March 2013

Sub-section (1) sets relevant revised limits on the amount of accruing resources, including both operating and non-operating accruing resources, that may be directed to be used for certain specified purposes in the year ending 31st March 2013 in addition to the resources authorised by Section 2.

Sub-section (2) provides authority for the direction of accruing resources as specified in column 3 of Schedule 2 to be used for the purposes specified in the corresponding entries in column 1 of that Schedule.

Sub-section (3) provides authority for the accruing resource limits set by the Budget (No. 2) Act (Northern Ireland) 2012 to be superseded by the amounts specified in column 3 of Schedule 2 to the Budget Act (Northern Ireland) 2013.

Section 4: Issue of sum out of the Consolidated Fund for the year ending 31st March 2014 and appropriation of that sum

Sub-section (1) authorises the issue out of the Consolidated Fund of Northern Ireland of the sum of £7,136,563,000 for 2013-14.

Sub-section (2) appropriates that sum for the purposes specified in column 1 of Schedule 3.

Section 5: Power of the Department of Finance and Personnel to borrow

This section authorises the temporary borrowing by the Department of Finance and Personnel in 2013-14 of approximately half the sum covered by Section 4 (1).  This is a normal safeguard against the possibility of a temporary deficiency arising in the Northern Ireland Consolidated Fund.

Section 6:  Use of resources (other than accruing resources) in the year ending 31st March 2014

This section authorises the use of resources amounting to £7,641,877,000 for 2013-14, for the purposes specified in column 1 of Schedule 4.

Section 7: Short Title

This section sets out the title of the Act.

Back to top

Options/Help

Print Options

Close

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.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources