Explanatory Memorandum

Budget Act (Northern Ireland) 2024

2024 CHAPTER 1

14 March 2024

Commentary on Sections

Sections 9 and 10: Issue and use of sum out of the Consolidated Fund for Northern Ireland for the year ending 31 March 2025.

The purpose of sections 9 and 10 is to authorise the issue out of the Consolidated Fund for Northern Ireland the sum of £15,724,763,000 for 2024-25 for the purposes set out in Part 2 of Schedule 2.