Explanatory Memorandum

Budget (No. 2) Act (Northern Ireland) 2016

2016 CHAPTER 30

29 July 2016

Commentary on Sections

Section 4: Limit on use of accruing resources in year ending 31 March 2017

This section sets the limits on the accruing resources that may be directed to be used for certain specified purposes in the year ending 31 March 2017 in addition to the resources authorised by Section 3.  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.