Further supplementary provision for 2022-23

2Authorisation 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.