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SCOTTISH STATUTORY INSTRUMENTS


2004 No. 147

PUBLIC FINANCE AND ACCOUNTABILITY

The Budget (Scotland) Act 2003 Amendment Order 2004

  Made 18th March 2004 
  Coming into force 19th March 2004 

The Scottish Ministers, in exercise of the powers conferred by section 7(1) of the Budget (Scotland) Act 2003[1] and of all other powers enabling them in that behalf, hereby make the following Order, a draft of which has, in accordance with section 7(2) of that Act, been laid before, and approved by resolution of, the Scottish Parliament:

Citation and commencement
     1. This Order may be cited as the Budget (Scotland) Act 2003 Amendment Order 2004 and shall come into force on the day following that on which it is made.

Amendment of the Budget (Scotland) Act 2003
    
2.  - (1) The Budget (Scotland) Act 2003 is amended in accordance with paragraphs (2) to (7) of this article.

    (2) In section 3 (overall cash authorisations)-

    (3) In section 5(1) (capital expenditure of, and borrowing by, certain statutory bodies) for "£530,160,000" substitute "£531,912,000".

    (4) In schedule 1-

    (5) In schedule 2-



    (6) In schedule 3-

    (7) In schedule 5, for the amount of borrowing authorised in relation to Scottish Water (Enactment 5) in column 2 for "£326,400,000" substitute "£298,100,000".


ANDREW P KERR
A member of the Scottish Executive

St Andrew's House, Edinburgh
18th March 2004



EXPLANATORY NOTE

(This note is not part of the Order)


This Order further amends the Budget (Scotland) Act 2003 ("the 2003 Act"), which makes provision, for financial year 2003/04, for the use of resources by the Scottish Administration and certain bodies whose expenditure is payable out of the Scottish Consolidated Fund, for authorising the use of resources, and for limits on the capital expenditure of and borrowing of local authorities and certain other public bodies.

The 2003 Act was previously amended by the Budget (Scotland) Act 2003 Amendment Order 2003 and the Budget (Scotland) Act 2003 Amendment (No. 2) Order 2003.

In particular, this Order further amends the 2003 Act so as to-


Notes:

[1] 2003 asp 6. The Budget (Scotland) Act 2003 (asp 6) was amended by the Budget (Scotland) Act 2003 Amendment Order 2003 (S.S.I. 2003/330) and the Budget (Scotland) Act 2003 Amendment (No. 2) Order 2003 (S.S.I. 2003/603).back



ISBN 0 11069063 X


 
© Crown copyright 2004
Prepared 7 April 2004


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URL: http://www.bailii.org/scot/legis/num_reg/2004/20040147.html