Budget (No. 3) Act (Northern Ireland) 2020
2020 CHAPTER 6
Commentary on Sections
Section 2: Power of the Department of Finance to borrow
This section authorises the temporary borrowing by the Department of Finance in 2020-21 of approximately half the sum covered by Section 1 (1). This is a normal safeguard against the possibility of a temporary deficiency arising in the Northern Ireland Consolidated Fund.
- Previous
- Explanatory Notes Table of contents
- Next