Purpose
6.The Act authorises the use of resources for both 2021-22 and 2022-23. For 2021-22 a total revised amount of £24,645,707,000 is authorised and for 2022-23 a Vote on Account of £11,090,573,000 is taken to provide departments and public bodies with provision for the early months of 2022-23, until the Main Estimates are voted in the summer. The Act revises the limits as set in the Budget (No.2) Act (Northern Ireland) 2021 on the amount of accruing resources, including both operating and non-operating accruing resources, that may be directed to be used for certain purposes for the year ending 31 March 2022. The Act also authorises the issue of cash from the Consolidated Fund in support of services for both 2021-22 and 2022-23. For 2021-22 the Act authorises a total revised amount of £21,827,567,000 and for 2022-23 a Vote on Account of £9,822,408,000 is taken. In addition, the Act authorises temporary borrowing up to £4,911,204,000 in 2022-23 by the Department of Finance.
7.The sums to be issued from the Consolidated Fund of Northern Ireland for the year ending 31 March 2022 are to be appropriated for services, as set out in Schedule 1 to the Act.
8.The amount of resources (including accruing resources) authorised for use for the year ending 31 March 2022 are to be used for the purposes specified in Schedule 2 to the Act.
9.The sums to be issued from the Consolidated Fund of Northern Ireland for the year ending 31 March 2023 are to be appropriated for services as set out in Schedule 3 to the Act.
10.The amount of resources authorised for use for the year ending 31 March 2023 are to be used for the purposes specified in Schedule 4 to the Act.