Schedule 5: The Service Authorities for NCIS and NCS Section 113: Preparation of budget statement by NCS Service Authority
355.This section makes provision in respect of the NCS Service Authority equivalent to that made by section 110 of the Act for the NCIS Service Authority. Section 113 inserts a new section 61A into the Police Act 1997. The new section requires the NCS Service Authority to prepare a budget statement for each financial year. The statement is to include a statement of how much is required by the Authority by way of grant under section 62 (as substituted by section 114 of the Act). The Authority is currently obliged, under article 4 of the NCS Service Authority (Levying Order) 1997 (S.I.1997/2283), to submit a levy proposal to the Secretary of State detailing its expenditure, income, financial reserves and current and proposed borrowing. The new budget statement will replace the levy proposal.