SCHEDULE 7Transfer of staff, property and liabilities and transitional and saving provisions
Part 2Transitional and saving provisions
New Commission's first budget
5
(1)
Section 20(1) applies in respect of the financial year ending with 31 March 2012 with the modification set out in sub-paragraph (2).
(2)
For “before the start of each financial year” there is substituted “
as soon as possible after the start of the financial year ending with 31 March 2012 and, in any event, before 30 June 2011
”
.