Explanatory Notes

Government Resources and Accounts Act 2000

2000 CHAPTER 20

28 July 2000

Commentary on Sections

Section 19: Public–Private Partnerships - expenditure: supplementary

92.Subsection (1) provides for money required for the expenditure that may be incurred by the Treasury under section 16 to be provided by Parliament.

93.Subsection (2) provides an exception to subsection (1) in the case of guarantees. Money required for the purpose of fulfilling guarantees is to be charged on and issued from the Consolidated Fund without further Parliamentary authority.