Northern Ireland Budget Act 2017 (repealed)

The Department may issue out of the Consolidated Fund and apply to the service of the year ending 31 March 2018 the sum of £16,116,048,000.

That sum is appropriated for the purposes specified in Schedule 1.

The authorisation and appropriations in this section supersede those made under section 59 of the Northern Ireland Act 1998 for that year (which total £12,272,909,000).

Subject to subsection (2), the Department may borrow on the credit of the sum specified in section 1(1) any sum or sums not exceeding in the whole £8,058,024,000.

Any money so borrowed is to be repaid, with any interest due on it, out of the Consolidated Fund not later than 31 March 2018.

For the purposes of section 6(1) of the 2001 Act, this section authorises the use of resources in the year ending 31 March 2018.

The use of resources by— in that year is authorised to the amount of £18,007,637,000.

In that year, resources may be used by a Northern Ireland department or a body or person mentioned in subsection (2) for the purposes specified in relation to that department, body or person in column 1 of Schedule 2 up to the amounts specified in the corresponding entries in column 2 of that Schedule.

The authorisations in this section supersede those made under section 7 of the 2001 Act for that year (which total £14,935,660,000).

In this section “resources” does not include accruing resources within the meaning of section 8(1) of the 2001 Act.

For the purposes of section 8(1) of the 2001 Act, this section sets the relevant limits on the accruing resources that may be directed to be used for certain purposes in the year ending 31 March 2018 in addition to resources authorised by this Act or any other statutory provision to be used for those purposes in that year.

In that year accruing resources not exceeding the amount specified in column 3 of Schedule 2 may be directed to be used for the purposes specified in the corresponding entries in column 1 of that Schedule.

The authorisations and appropriations in this Act, and the limits set by it, are to take effect as if they were authorisations and appropriations in, and limits set by, an Act of the Assembly; and accordingly any reference in any statutory provision to a Budget Act of the Assembly is to be regarded as including a reference to this Act.

The 2001 Act applies in respect of the year ending 31 March 2018 with the following modifications—

For the purposes of preparing accounts for the year ending 31 March 2018 for— any estimate of the use of resources for that year that is laid before Parliament is to be treated as if it had been laid before the Assembly under Article 6(2) of that Order or (as the case may be) under paragraph 18 of Schedule 1 to that Act.