2.—(1) Schedule 1 contains estimates relating to the persons mentioned in section 1(3) for the year ending 31 March 2025 (“Schedule 1 estimates”).
(2) In the year ending 31 March 2025, a person mentioned in section 1(3) may use resources in accordance with subsections (3) to (7) and a Schedule 1 estimate relating to that person.
(3) The person may use resources specified in column 2 of Part 1 of the estimate for the purposes specified in Part 2 of the estimate; but this is subject to subsections (4) to (7).
(4) Where Part 1 of the estimate authorises the use of net resources for current purposes, the person—
(a)may use resources up to the amount so authorised for current purposes;
(b)must not use those resources for capital purposes.
(5) Where Part 1 of the estimate authorises the use of net resources for capital purposes, the person—
(a)may use resources up to the amount so authorised for capital purposes;
(b)must not use those resources for current purposes.
(6) Where Part 1 of the estimate authorises the use of net resources in relation to a category of expenditure, the person—
(a)may use resources up to the amount so authorised for a purpose identified in the estimate as falling within that category of expenditure;
(b)must not use those resources for any other purpose.
(7) The categories of expenditure are—
(a)expenditure subject to a departmental expenditure limit;
(b)annually managed expenditure;
(c)non-budget expenditure.
(8) The authorisations in this section and in section 1 supersede those made by sections 7 and 8 of the Budget Act (Northern Ireland) 2024, which total £18,731,611,000.