Excesses for 2012-13
4Authorisation of excesses for 2012-13
1
The amount up to which authorisation was conferred for the use of resources for the year ending with 31 March 2013 is to be treated as further increased, for the purpose of making good excesses, by £1,190,000.
2
Of the further amount treated as authorised by subsection (1)—
a
£1,000 is to be treated as authorised for use for current purposes; and
b
£1,189,000 is to be treated as authorised for use for capital purposes.
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 2013 for expenditure authorised by Parliament,
is to be treated as further increased, for the purpose of making good excesses, by £55,456,000.
4
The increases for which this section provides are to be treated as having had effect from the beginning of 1 April 2012.
5Appropriation of excesses for 2012-13
1
For the purpose of appropriating—
a
the amount of resources the use of which for the year ending with 31 March 2013 is authorised by section 4(1), and
b
the amount of money the issue of which out of the Consolidated Fund is authorised by section 4(3),
the Main Estimates Act 2012 is to be treated as having effect with the adjustments provided for in Schedule 2 to this Act.
2
Schedule 2 specifies the amounts by which adjustments are to be treated as made to the amounts specified in the Scheduled Estimates in the Main Estimates Act 2012 and to the amounts treated as so specified.
3
For the purpose of making the adjustments in Schedule 2 an adjustment has effect to increase an amount of authorised expenditure and, where applied to an estimated surplus, reduces it.
4
Accordingly, where an adjustment of more than the amount itself is made to the amount of an estimated surplus, what results is an amount of authorised expenditure.
5
Where, in Schedule 2, a description of matters to which expenditure may relate or from which income may arise (“description A”) differs from the description contained in the corresponding part of the Scheduled Estimates in the Schedule to the Main Estimates Act 2012 (“description B”), Schedule 2 has effect for adjusting that corresponding part by substituting description A for description B.
6
Where, in relation to a department, other person or service to which a Scheduled Estimate in the Schedule to the Main Estimates Act 2012 relates, Schedule 2 contains a new description of matters to which expenditure may relate or from which income may arise, Schedule 2 has effect for adjusting that Scheduled Estimate by treating the new description as included in it.
7
In this section a reference to an amount treated as specified in a Scheduled Estimate is a reference to any amount treated as so specified in consequence of any adjustment made by virtue of the Supply and Appropriation (Anticipation and Adjustments) Act 2013, and references to adjusting such an amount are to be read accordingly.
8
In this section—
“estimated surplus” has the same meaning as in the Main Estimates Act 2012;
“Main Estimates Act 2012” means the Supply and Appropriation (Main Estimates) Act 2012.
9
The adjustments made by virtue of this section are to be treated as having had effect from the beginning of 1 April 2012.