Explanatory Memorandum

Budget Act (Northern Ireland) 2014

2014 CHAPTER 3

19 March 2014

Commentary on Sections

Section 2: Use of resources (other than accruing resources) in the year ending 31st March 2014

This section authorises the use of resources amounting to £16,606,564,000 for 2013-2014 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resource limits set by the Budget Act (Northern Ireland) 2013 and the Budget (No. 2) Act (Northern Ireland) 2013 to be superseded by the amounts specified in column 2 of Schedule 2 to the Budget Act (Northern Ireland) 2014.