Further supplementary provision for 2022-23
I12Authorisation of further supplementary provision for 2022-23
1
The amount up to which the authorisation was conferred for the use of resources for the year ending with 31 March 2023 is to be treated as reduced by £1,987,407,000.
2
In relation to the amount treated as authorised by subsection (1)—
a
the amount up to which there is authorisation for use for current purposes is to be treated as further increased by £10,850,816,000, and
b
the amount up to which there is authorisation for use for capital purposes is to be treated as reduced by £12,838,223,000.
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 2023 for expenditure authorised by Parliament,
is to be treated as reduced by £24,497,487,000.
4
The increases and reductions for which this section provides are to be treated as having had effect from the beginning of 1 April 2022.