The Budget (No. 2) (Northern Ireland) Order 2005

Resource excess for year ending 31st March 2004

This section has no associated Explanatory Memorandum

7.—(1) This Article?

(a)authorises (for the purpose of section 6(1) of the 2001 Act) the use of resources by the Department of Education for certain purposes in the year ending 31st March 2004; and

(b)increases the relevant limit (for the purpose of section 8(1) of that Act) on the accruing resources that may be directed to be used by that Department for those purposes in that year in addition to resources authorised by any other statutory provision to be used for those purposes in that year.

(2) In that year resources may be used by the Department of Education for the purposes specified in that Department’s Request for Resources A relating to teachers' superannuation (as set out in column 1 of Schedule 2) up to the amount of £122,241,024.68.

(3) In that year accruing resources not exceeding £684,085.97 may be directed to be used by the Department of Education for those purposes.

(4) Those resources and accruing resources are additional to any resources or accruing resources authorised by or under any other statutory provision to be used for those purposes in that year.