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Appropriation Act (Northern Ireland) 2000

2000 CHAPTER 2

An Act to authorise the issue out of the Consolidated Fund of certain sums for the service of the year ending on 31st March 2001; to appropriate those sums for specified purposes and authorise other sums to be applied as appropriations in aid for those purposes; to authorise the Department of Finance and Personnel to borrow on the credit of the appropriated sums; and to repeal certain Appropriation Orders.

[25th July 2000]

BE IT ENACTED by being passed by the Northern Ireland Assembly and assented to by Her Majesty as follows:

Issue of sum out of the Consolidated Fund for the year ending 31st March 2001

1.  The Department of Finance and Personnel may issue out of the Consolidated Fund for the service of the year ending on 31st March 2001 the sum of £4,296,588,000.

Power for Department of Finance and Personnel to borrow

2.—(1) Subject to subsection (2), the Department of Finance and Personnel may borrow on the credit of the sums specified in section 1 any sum or sums not exceeding in the whole £2,148,294,000.

(2) Any money so borrowed shall be repaid, with any interest due thereon, out of the Consolidated Fund not later than 31st March 2001.

Appropriation of grants

3.—(1) The sum granted by section 1 out of the Consolidated Fund is appropriated for the purposes specified in Schedule 1.

(2) In addition to the sum granted by section 1 out of the Consolidated Fund, the sums specified in the third column of Schedule 1 may be applied as appropriations in aid of the grants for the purposes in connection with which those sums are specified.

Repeal of spent enactments

4.  The enactments mentioned in Schedule 2 are hereby repealed to the extent specified in the second column of that Schedule.

Short title

5.  This Act may be cited as the Appropriation Act (Northern Ireland) 2000.