Supply and Appropriation (Anticipation and Adjustments) Act 2016 (Version in vigour from 2016-03-16 to )
Currency | No known outstanding effects |
Coming into Force | 16 March 2016 |
(1) The use of resources for the year ending with 31 March 2017 is authorised up to the amount of £258,322,682,000.£229,024,490,000 is authorised for use for current purposes; and£29,298,192,000 is authorised for use for capital purposes.issue money out of the Consolidated Fund, andapply it in the year ending with 31 March 2017 for expenditure authorised by Parliament,(1) The amount up to which authorisation was conferred for the use of resources for the year ending with 31 March 2016 is to be treated as further increased by £139,909,506,000.the amount up to which there is authorisation for use for current purposes is to be treated as further increased by £161,997,123,000; andthe amount up to which there is authorisation for use for capital purposes is to be treated as reduced by £22,087,617,000.to issue money out of the Consolidated Fund, andto apply it in the year ending with 31 March 2016 for expenditure authorised by Parliament,(4) The increases for which subsections (1) and (2) (a) provide, and the reductions for which subsections (2) (b) and (3) provide, are to be treated as having had effect from the beginning of 1 April 2015.appropriating the amount of resources the use of which for the year ending with 31 March 2016 is authorised by section 2(1) , andgiving effect to the reduction provided for by section 2(3) ,(2) Schedule 1 specifies the amounts by which adjustments are to be treated as made to the amounts originally specified in the Scheduled Estimates in the Main Estimates Act 2015.a negative adjustment has effect to reduce an amount of authorised expenditure and, where applied to an estimated surplus (which is expressed as if it were itself a negative amount) , increases the amount of the surplus; anda positive adjustment has effect to increase an amount of authorised expenditure and, where applied to an estimated surplus, reduces it.where an adjustment by a negative amount of more than the amount itself is made to an amount of authorised expenditure, what results is an estimated surplus; andwhere an adjustment by a positive amount 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 1, 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 2015 (“description B”) , Schedule 1 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 2015 relates, Schedule 1 contains a new description of matters to which expenditure may relate or from which income may arise, Schedule 1 has effect for adjusting that Scheduled Estimate by treating the new description as included in it.(7) In this section—
- “estimated surplus” has the same meaning as in the Main Estimates Act 2015;
- “Main Estimates Act 2015” means the Supply and Appropriation (Main Estimates) Act 2015.
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