Commentary on Sections Section 11: Power to Borrow in the year ending 31 March 2026
Section 11 authorises the Department of Finance to borrow a sum or sums up to approximately half of the sum specified in section 9. This is a normal safeguard against the possibility of a temporary deficiency arising in the Consolidated Fund of Northern Ireland and any such borrowing is to be repaid by 31 March 2026.