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Financial Reporting (Departments and Public Bodies) Act (Northern Ireland) 2022

Consolidated Text As Enacted Cited authorities 1 Cited in Amendments 2 Related
Vincent
JurisdictionNorthern Ireland
Citation2022 NI c 8
Year2022
(1) The Government Resources and Accounts Act (Northern Ireland) 2001 is amended as mentioned in subsections (2) to (4) .(2) After section 8 (use of accruing resources) insert—
    Estimates
    (8A) Departmental estimates: inclusion of resources used by designated bodies
  • “(1) Any estimate for a Northern Ireland department for approval by the Assembly in respect of a financial year must be prepared in accordance with such directions as the Department may issue.
  • (2) The Department may direct that the estimate is to include information relating to resources expected to be used by any body that is a designated body in relation to the department.
  • (3) For the purposes of this section a body is a “designated” body in relation to a department if—
  • (a) it is designated in relation to the department by an order made by the Department, or
  • (b) it falls within a description of body designated in relation to the department by such an order.
Any estimate for a Northern Ireland department for approval by the Assembly in respect of a financial year must be prepared in accordance with such directions as the Department may issue.The Department may direct that the estimate is to include information relating to resources expected to be used by any body that is a designated body in relation to the department.it is designated in relation to the department by an order made by the Department, orit falls within a description of body designated in relation to the department by such an order.A body, or a description of body, may be designated in relation to a department for a particular financial year or generally.The Department must, where it thinks it appropriate, consult the Treasury before designating a body or a description of body.the fact that an estimate for the department in respect of a financial year includes information relating to the body, andthe fact that the department’s resource accounts for a financial year prepared under section 9 include information relating to the body.An order under subsection (3) is subject to negative resolution.

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