EXCHEQUER AND FINANCIAL PROVISIONS ACT (NORTHERN IRELAND) 1950 - SECT 33A Provision for the charging of capital expenditure required for accommodation of public services.

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EXCHEQUER AND FINANCIAL PROVISIONS ACT (NORTHERN IRELAND) 1950 - SECT 33A

Provision for the charging of capital expenditure required for accommodation of public services.

33A.(1) There shall be charged on and issued out of the Consolidated Fund or
(if the Ministry so directs) out of moneys provided by Parliament, such sums
as the Ministry may determine to be necessary for the acquisition of land and
buildings or of any estate or interest therein for the accommodation of any
public service of the Government of Northern Ireland, or the erection,
improvement, alteration, enlargement, furnishing, or equipment of buildings
used or to be used for that purpose, so, however, that the aggregate of the
sums to be charged on and issued out of the Consolidated Fund under this
sub-section shall not unless and until Parliament otherwise determines exceed
[sixty million pounds].

(2) The Ministry may borrow money for the purpose of providing for issues out
of the Consolidated Fund under the preceding sub-section.

(3) Moneys borrowed under the last preceding sub-section shall be repaid
within any period or periods not exceeding twenty-five years from the date of
borrowing, and provision for such repayment may be made out of moneys provided
by Parliament.

[(4) The provisions of sub-section (1) of this section shall be in addition to
and not in derogation of the provisions of any enactment (whether passed
before or after this Act and including this Act) under which separate
provision is made in respect of any public service of the Government of
Northern Ireland for the issue out of the Consolidated Fund of such sums as
the Ministry may determine to be necessary, in connection with that public
service, for purposes corresponding to the purposes of this section.][

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Northern Irish Legislation

EXCHEQUER AND FINANCIAL PROVISIONS ACT (NORTHERN IRELAND) 1950 - SECT 33A