Supplementary provision for 2011-12

2Authorisation of supplementary provision for 2011-12

1

The amount up to which authorisation was conferred for the use of resources for the year ending with 31 March 2012 is to be treated as further increased by £12,103,394,000.

2

In relation to the further amount treated as authorised by subsection (1)

a

£16,496,789,000 is to be treated as authorised for use for current purposes; and

b

the amount up to which there is authorisation for use for capital purposes is to be treated as reduced by £4,393,395,000.

3

The amount up to which authorisation was conferred on the Treasury—

a

to issue money out of the Consolidated Fund, and

b

to apply it in the year ending with 31 March 2012 for expenditure authorised by Parliament,

is to be treated as further increased by £7,343,405,000.

4

The increases for which subsections (1), (2)(a) and (3) provide, and the reduction for which subsection (2)(b) provides, are to be treated as having had effect from the beginning of 1 April 2011.