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- Point in Time (19/03/2003)
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There are currently no known outstanding effects for the Budget (Scotland) Act 2003, Part 3 .
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(1)The Scottish Ministers may by order made by statutory instrument amend—
(a)the amounts specified in sections 3 and 5(1),
(b)schedules 1 to 5.
(2)No order may be made under subsection (1) unless a draft of it has been laid before, and approved by resolution of, the Scottish Parliament.
The Budget (Scotland) Act 2001 (asp 4) is amended as follows—
(a)in section 3(a), for “£17,677,909,000” there is substituted “ £17,705,112,000 ”;
(b)in schedule 1, in the fourth entry—
(i)in column 1, after “Scotland” there is inserted “ for the Student Loans Scheme and related costs ”;
(ii)in column 2, for “£2,149,014,000” there is substituted “ £2,398,612,000 ”; and
(iii)in column 4, for “£56,340,000” there is substituted “ £76,340,000 ”.
Part 2 (financial year 2003/04) of the Budget (Scotland) Act 2002 (asp 7) is repealed.
(1)References in this Act to “the 2000 Act” are references to the Public Finance and Accountability (Scotland) Act 2000 (asp 1).
(2)References in this Act to accruing resources in relation to the Scottish Administration or any direct-funded body are to such resources accruing to the Scottish Administration or, as the case may be, that body in financial year 2003/04.
(3)References in this Act to the direct-funded bodies are references to the bodies mentioned in section 3(b) to (e) of this Act; and references to a direct-funded body are references to any of those bodies.
(4)Except where otherwise expressly provided, expressions used in this Act and in the 2000 Act have the same meanings in this Act as they have in that Act.
This Act may be cited as the Budget (Scotland) Act 2003.
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