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Northern Ireland (Miscellaneous Provisions) Act 2006

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There are currently no known outstanding effects for the Northern Ireland (Miscellaneous Provisions) Act 2006, Section 22. Help about Changes to Legislation

22Loans to Consolidated Fund of Northern Ireland: increase of limitsU.K.

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(1)Amend section 1 of the Northern Ireland (Loans) Act 1975 (c. 83) as follows.

(2)In subsection (2) (limit on loans to the Consolidated Fund of Northern Ireland), for “£2,000 million” substitute “ £3,000 million ”.

(3)In subsection (5) (power to increase the limit by order)—

(a)omit “, on not more than one occasion,”,

(b)for “the limit in subsection (2)” substitute “ the limit for the time being specified in subsection (2) ”, and

(c)for “£300 million” substitute “ £500 million ”.

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