OpenLegislation

The Financial Provisions (Northern Ireland) Order 1991

1991/761 · Made 20 March 1991 · Extends to Northern Ireland

Up to date with all changes known to legislation.gov.uk, revised to 1 April 2007.

20th March 1991

Contents

  1. Part: Introductory
  2. 1Title and commencement
  3. 2Interpretation
  4. Part: Water and sewerage services
  5. 3Allocation of part of regional rate to water and sewerage services Repealed
  6. Part: Government loans
  7. 4Increase of limit for government loans
  8. 5Rates of interest on government loans to district councils, etc.
  9. Part: Loans guarantees and borrowing regulation
  10. 6Repeal of Loans Guarantee and Borrowing Regulation Act (Northern Ireland) 1946
  11. Miscellaneous
  12. 7Financial limit above which approval of Department of Finance and Personnel for emergency works on watercourses required
  13. 8Alteration of basis for finances of Sports Council
  14. Schedule Schedule
  15. Schedule Schedule

1Title and commencement

(1)

This Order may be cited as the Financial Provisions (Northern Ireland) Order 1991.

(2)

This Order shall come into operation on such day or days as the Head of the Department of Finance and Personnel may by order appointF1.

2Interpretation

The Interpretation Act (Northern Ireland) 1954F1 shall apply to Article 1 and the following provisions of this Order as it applies to a Measure of the Northern Ireland Assembly.

3Allocation of part of regional rate to water and sewerage services

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4Increase of limit for government loans

In Article 8(2) of the Financial Provisions (Northern Ireland) Order 1983F1 (limit on outstanding government loans), for “£700 million” there shall be substituted “ £2,400 million ”.

5Rates of interest on government loans to district councils, etc.

In Schedule 2 to the Financial Provisions (Northern Ireland) Order 1983F1 , (provisions deemed to be included in agreements for government loans to district councils, etc.), in paragraph (b) (rates of interest)—

(a)

in sub‐paragraph (i) (single advance), for the words “when the loan is advanced” there shall be substituted the words “ when the application for the advance is received by the Department ”;

(b)

in sub‐paragraph (ii) (several advances), for the words “when that advance is issued” there shall be substituted the words “ when the application for that advance is received by the Department ”.

6Repeal of Loans Guarantee and Borrowing Regulation Act (Northern Ireland) 1946

The Loans Guarantee and Borrowing Regulation Act (Northern Ireland) 1946F1 shall cease to have effect.

Miscellaneous

Article 9—Amendments and repeals

7Financial limit above which approval of Department of Finance and Personnel for emergency works on watercourses required

(1)

In Article 8 of the Drainage (Northern Ireland) Order 1973F1 (emergency works: watercourses), in paragraph (1) the words “with the approval of the Ministry of Finance” shall cease to have effect.

(2)

After that paragraph there shall be inserted the following paragraph—

“(1A)

The Department shall not incur expenditure exceeding £25,000 in relation to any watercourse or the banks thereof under paragraph (1) without the approval of the Department of Finance and Personnel.” .

8Alteration of basis for finances of Sports Council

(1)

In the Recreation and Youth Service (Northern Ireland) Order 1986F1 , for Article 5 (which, among other things, requires the Sports Council to submit estimates of its expenditure to the Department of Education) there shall be substituted the following Article—

“Grants

5
(1)

The Department may, subject to such conditions as the Department thinks fit, make grants towards the expenses of the Sports Council.

(2)

The Sports Council shall provide the Department with such information as the Department may require for the purposes of paragraph (1).”.

(2)

In Article 6 of that Order (borrowing powers)—

(a)

in paragraph (1), for the words “net approved expenditure incurred by it” there shall be substituted the words “ the expenditure of the Sports Council ”;

(b)

paragraphs (2) and (3) shall cease to have effect.

Schedule 1-Amendments

Schedule 2-Repeals