Vocational Education (Amendment) Act, 2001
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Expenditure in excess of amount determined under section 22 . |
27.—(1) Where a vocational education committee incurs, during a financial year, expenditure in excess of the amount determined under section 22 , or expenditure in excess of that otherwise agreed to by the Minister, the amount exceeding that so determined or agreed shall, for the purposes of that section, be reckoned as expenditure during the financial year immediately following the first-mentioned financial year. | |
(2) Where a vocational education committee incurs, during a financial year, expenditure that is less than the amount determined under section 22 , an amount equal to the difference between the said expenditure and the first-mentioned amount may be expended during the financial year immediately following the first-mentioned financial year but shall not, for the purposes of that section, be reckoned as expenditure during the second-mentioned financial year. |