Government Resources and Accounts Act (Northern Ireland) 2001

Application of sums issuedN.I.

This section has no associated Explanatory Notes

5.—(1) Where a Budget Act authorises a sum to be—

(a)issued out of the Consolidated Fund, and

(b)applied to the service of a specified year,

every sum issued in pursuance of the Act shall be applied towards the service of that year.

(2) Section 8(1) of the Exchequer and Financial Provisions Act (Northern Ireland) 1950 (c. 3) (issues from Consolidated Fund) shall cease to have effect.