Sub-section (1) authorises the issue out of the Consolidated Fund of Northern Ireland of the revised sum of £15,244,040,000 for 2011-2012.
Sub-section (2) appropriates that sum for the purposes specified in column 1 of Schedule 1.
Sub-section (3) provides authority for cash limits set by the Budget Act (Northern Ireland) 2011 and the Budget (No. 2) Act (Northern Ireland) 2011 to be superseded by the amounts specified in column 2 of Schedule 1 to the Budget Act (Northern Ireland) 2012.