PART 2FINANCIAL YEAR 2001/02

5Emergency arrangements

1

This section applies if, at the beginning of financial year 2001/02, payments in that year out of the Fund under section 65(1)(c) of the 1998 Act have not been authorised by any enactment.

2

Until there is in force a Budget Act providing such authorisation—

a

any purpose for which payments out of the Fund are authorised to be made by this Act for financial year 2000/01 shall be taken to be a purpose for which payments out of the Fund are authorised to be made in financial year 2001/02, and

b

the maximum amount which may, in each calendar month of financial year 2001/02, be paid out of the Fund for any purpose must not exceed whichever is the greater of—

i

one-twelfth of the maximum amount authorised by this Act to be paid out for that purpose in financial year 2000/01, and

ii

the amount paid out of the Fund for that purpose in the corresponding calendar month of that financial year,

and section 4 of the 2000 Act has effect accordingly.

3

Subsection (2) is subject to any provision made by Budget Act for financial year 2001/02.