Explanatory Memorandum

Financial Provisions Act (Northern Ireland) 2014

2014 CHAPTER 6

28 April 2014

Commentary on Sections

Section 2: Grants payable in relation to expenses

This section amends the Harbours Act (Northern Ireland) 1970 to enable the Department of Agriculture and Rural Development to provide grant-in–aid in respect of operational costs incurred by the Northern Ireland Fishery Harbour Authority in executing its statutory functions. Prior to the proposed amendment, the Department could only provide financial assistance by way of loan or grant.