The Financial Provisions (Northern Ireland) Order 1991

The Financial Provisions (Northern Ireland) Order 1991 This Order may be cited as the Financial Provisions (Northern Ireland) Order 1991. This Order shall come into operation on such day or days as the Head of the Department of Finance and Personnel may by order appoint. The Interpretation Act (Northern Ireland) 1954 shall apply to Article 1 and the following provisions of this Order as it applies to a Measure of the Northern Ireland Assembly. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . In Article 8(2) of the Financial Provisions (Northern Ireland) Order 1983 (limit on outstanding government loans), for “£700 million” there shall be substituted “ £2,400 million ”. In Schedule 2 to the Financial Provisions (Northern Ireland) Order 1983 , (provisions deemed to be included in agreements for government loans to district councils, etc.), in paragraph (b) (rates of interest)— 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 ”; 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 ”. The Loans Guarantee and Borrowing Regulation Act (Northern Ireland) 1946 shall cease to have effect. In Article 8 of the Drainage (Northern Ireland) Order 1973 (emergency works: watercourses), in paragraph (1) the words “with the approval of the Ministry of Finance” shall cease to have effect. After that paragraph there shall be inserted the following paragraph— 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. In the Recreation and Youth Service (Northern Ireland) Order 1986 , 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— The Department may, subject to such conditions as the Department thinks fit, make grants towards the expenses of the Sports Council. The Sports Council shall provide the Department with such information as the Department may require for the purposes of paragraph (1). In Article 6 of that Order (borrowing powers)— in paragraph (1), for the words “net approved expenditure incurred by it” there shall be substituted the words “ the expenditure of the Sports Council ”; paragraphs (2) and (3) shall cease to have effect. Article 9—Amendments and repeals Schedule 1-Amendments Schedule 2-Repeals fully exercised SR 1991/116 1954 c. 33 (N.I.) Art. 3 repealed (1.4.2007) by Water and Sewerage Services (Northern Ireland) Order 2006 (S.I. 2006/3336 (N.I. 21)), arts. 1(2), 308, Sch. 13 (with arts. 8(8), 121(3), 307); S.R. 2007/194, art. 2(2), Sch. 1 Pt. II (subject to art. 3, Sch. 2) 1983 NI 1 1946 c. 18 (N.I.) 1973 NI 1 1986 NI 25