4Authorisation of excesses for 2017-18U.K.
(1)The amount up to which authorisation was conferred for the use of resources for the year ending with 31 March 2018 is to be treated as further increased, for the purpose of making good excesses, by £665,000.
(2)That further amount is to be treated as authorised for use for current purposes.
(3)The increase for which this section provides is to be treated as having had effect from the beginning of 1 April 2017.