Sch. 5A inserted (15.11.1999 subject to arts. 5-7 of S.I. 1999/2908) by 1998 c. 36, s. 160, Sch. 26 para. 1(3); S.I. 1999/2908, arts. 1, 2

Words renumbered as Sch. 5A para. 13(1)(a) (27.7.1999) by 1999 c. 16, s. 134(5)

Sch. 5A para. 13(1)(b) inserted (27.7.1999) by 1999 c. 16 s. 134(5)

Words renumbered as Sch. 5A para. 13(3)(a) (27.7.1999) by 1999 c. 16, s. 134(6)(8)

Sch. 5A para. 13(3)(b) inserted (27.7.1999) by 1999 c. 16, s. 134(6)(8)

http://www.legislation.gov.uk/ukpga/1968/13/schedule/5A/paragraph/13/1993-11-05National Loans Act 1968An Act to establish a National Loans Fund, to substitute the National Loans Fund for the Consolidated Fund in certain enactments, including enactments relating to Government lending and advances, the Exchange Equalisation Account and government annuities, to make profits of the Issue Department of the Bank of England payable into the National Loans Fund and to make other provision as to the said Department, to charge the whole of the national debt on the National Loans Fund, and to amend the law about Government borrowing; to make further provision for loans by the Public Works Loan Commissioners, and to authorise advances out of the National Loans Fund for the purpose of such loans; to transfer to Votes certain payments charged on the Consolidated Fund; and generally to make provision for the management of the Government’s financial business.1979-06-30texttext/xmlenStatute Law Database2024-05-171993-11-05 SCHEDULESSCHEDULE 5A The debt management account Interest13(1)

The Treasury shall from time to time pay out of the National Loans Fund into the Debt Management Account sums (if any) which the Treasury consider appropriate to compensate the Account in respect of (a)payments of interest made from the Account , and.

(b)

any discount on any Treasury bills issued by virtue of paragraph 4 above.

(2)

Payments to be made out of the National Loans Fund under sub-paragraph (1) above shall be treated for the purposes of section 15 of this Act as charges on that Fund for the service of national debt.

(3)

The Treasury may from time to time pay out of the Debt Management Account into the National Loans Fund sums (if any) which the Treasury consider appropriate in respect of (a)interest received or earned by the Account , and

(b)

any benefit accruing to the Account which, in the opinion of the Treasury, ought to be treated in the same way as such interest.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<act name="ukpga">
<meta>
<identification source="#">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/ukpga/1968/13"/>
<FRBRuri value="http://www.legislation.gov.uk/id/ukpga/1968/13"/>
<FRBRdate date="1968-03-13" name="enacted"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/legislature/UnitedKingdomParliament"/>
<FRBRcountry value="GB-UKM"/>
<FRBRnumber value="13"/>
<FRBRname value="1968 c. 13"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/1968/13/1993-11-05"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/1968/13/1993-11-05"/>
<FRBRdate date="1993-11-05" name="validFrom"/>
<FRBRauthor href="#"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/1968/13/1993-11-05/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/1968/13/1993-11-05/data.akn"/>
<FRBRdate date="2024-11-30Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<lifecycle source="#">
<eventRef refersTo="#enactment" date="1968-03-13" eId="date-enacted" source="#"/>
<eventRef date="1993-11-05" eId="date-1993-11-05" source="#"/>
<eventRef date="1995-04-01" eId="date-1995-04-01" source="#"/>
<eventRef date="1999-11-15" eId="date-1999-11-15" source="#"/>
<eventRef date="2003-07-10" eId="date-2003-07-10" source="#"/>
</lifecycle>
<analysis source="#">
<restrictions source="#">
<restriction refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction href="#schedules" refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction refersTo="#period-from-1993-11-05-to-1995-04-01" type="jurisdiction"/>
<restriction href="#schedules" refersTo="#period-to-1999-11-15" type="jurisdiction"/>
<restriction href="#schedule-5A" refersTo="#period-from-1999-11-15-to-2003-07-10" type="jurisdiction"/>
<restriction href="#schedule-5A-crossheading-interest" refersTo="#period-from-1999-11-15-to-2003-07-10" type="jurisdiction"/>
<restriction href="#schedule-5A-paragraph-13" refersTo="#period-from-1999-11-15-to-2003-07-10" type="jurisdiction"/>
</restrictions>
<otherAnalysis source="">
<uk:match href="#schedule-5A" value="false"/>
<uk:match href="#schedule-5A-crossheading-interest" value="false"/>
<uk:match href="#schedule-5A-paragraph-13" value="false"/>
<uk:commentary href="#schedule-5A-paragraph-13" refersTo="#c13330121"/>
<uk:commentary href="#schedule-5A-paragraph-13" refersTo="#c13330211"/>
<uk:commentary href="#schedule-5A-paragraph-13" refersTo="#c13330231"/>
<uk:commentary href="#schedule-5A-paragraph-13" refersTo="#c13330241"/>
<uk:commentary href="#schedule-5A-paragraph-13" refersTo="#c13330261"/>
</otherAnalysis>
</analysis>
<temporalData source="#">
<temporalGroup eId="period-to-1999-11-15">
<timeInterval end="#date-1999-11-15" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-1993-11-05-to-1995-04-01">
<timeInterval start="#date-1993-11-05" end="#date-1995-04-01" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-1999-11-15-to-2003-07-10">
<timeInterval start="#date-1999-11-15" end="#date-2003-07-10" refersTo="#"/>
</temporalGroup>
</temporalData>
<references source="#">
<TLCEvent eId="enactment" href="" showAs="EnactmentDate"/>
<TLCLocation eId="extent-e+w+s+ni" href="" showAs="E+W+S+N.I."/>
</references>
<notes source="#">
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="c13330121" marker="F1">
<p>
Sch. 5A inserted (15.11.1999 subject to arts. 5-7 of
<ref eId="c00581" href="http://www.legislation.gov.uk/id/uksi/1999/2908">S.I. 1999/2908</ref>
) by
<ref eId="c00582" href="http://www.legislation.gov.uk/id/ukpga/1998/36">1998 c. 36</ref>
,
<ref eId="c00583" class="subref" href="http://www.legislation.gov.uk/id/ukpga/1998/36/section/160">s. 160</ref>
,
<ref eId="c00584" class="subref operative" href="http://www.legislation.gov.uk/id/ukpga/1998/36/schedule/26/paragraph/1/3">Sch. 26 para. 1(3)</ref>
;
<ref eId="c00585" href="http://www.legislation.gov.uk/id/uksi/1999/2908">S.I. 1999/2908</ref>
,
<ref eId="c00586" class="subref operative" href="http://www.legislation.gov.uk/id/uksi/1999/2908/article/1">arts. 1</ref>
,
<ref eId="c00587" class="subref" href="http://www.legislation.gov.uk/id/uksi/1999/2908/article/2">2</ref>
</p>
</note>
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="c13330211" marker="F2">
<p>
Words renumbered as Sch. 5A para. 13(1)(a) (27.7.1999) by
<ref eId="c00570" href="http://www.legislation.gov.uk/id/ukpga/1999/16">1999 c. 16</ref>
,
<ref eId="c00571" class="subref operative" href="http://www.legislation.gov.uk/id/ukpga/1999/16/section/134/5">s. 134(5)</ref>
</p>
</note>
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="c13330231" marker="F3">
<p>
Sch. 5A para. 13(1)(b) inserted (27.7.1999) by
<ref eId="c00573" href="http://www.legislation.gov.uk/id/ukpga/1999/16">1999 c. 16</ref>
s. 134(5)
</p>
</note>
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="c13330241" marker="F4">
<p>
Words renumbered as Sch. 5A para. 13(3)(a) (27.7.1999) by
<ref eId="c00575" href="http://www.legislation.gov.uk/id/ukpga/1999/16">1999 c. 16</ref>
,
<ref eId="c00576" class="subref operative" href="http://www.legislation.gov.uk/id/ukpga/1999/16/section/134/6/8">s. 134(6)(8)</ref>
</p>
</note>
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="c13330261" marker="F5">
<p>
Sch. 5A para. 13(3)(b) inserted (27.7.1999) by
<ref eId="c00578" href="http://www.legislation.gov.uk/id/ukpga/1999/16">1999 c. 16</ref>
,
<ref eId="c00579" class="subref operative" href="http://www.legislation.gov.uk/id/ukpga/1999/16/section/134/6/8">s. 134(6)(8)</ref>
</p>
</note>
</notes>
<proprietary xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" source="#">
<dc:identifier>http://www.legislation.gov.uk/ukpga/1968/13/schedule/5A/paragraph/13/1993-11-05</dc:identifier>
<dc:title>National Loans Act 1968</dc:title>
<dc:description>An Act to establish a National Loans Fund, to substitute the National Loans Fund for the Consolidated Fund in certain enactments, including enactments relating to Government lending and advances, the Exchange Equalisation Account and government annuities, to make profits of the Issue Department of the Bank of England payable into the National Loans Fund and to make other provision as to the said Department, to charge the whole of the national debt on the National Loans Fund, and to amend the law about Government borrowing; to make further provision for loans by the Public Works Loan Commissioners, and to authorise advances out of the National Loans Fund for the purpose of such loans; to transfer to Votes certain payments charged on the Consolidated Fund; and generally to make provision for the management of the Government’s financial business.</dc:description>
<dc:date>1979-06-30</dc:date>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:modified>2024-05-17</dc:modified>
<dct:valid>1993-11-05</dct:valid>
<ukm:PrimaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="primary"/>
<ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="1968"/>
<ukm:Number Value="13"/>
<ukm:EnactmentDate Date="1968-03-13"/>
</ukm:PrimaryMetadata>
<ukm:Alternatives>
<ukm:Alternative Date="2009-07-06" URI="http://www.legislation.gov.uk/ukpga/1968/13/pdfs/ukpga_19680013_en.pdf" Title="Print Version"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="70"/>
<ukm:BodyParagraphs Value="26"/>
<ukm:ScheduleParagraphs Value="44"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<body>
<hcontainer name="schedules" eId="schedules">
<heading> SCHEDULES</heading>
<hcontainer name="schedule" eId="schedule-5A">
<num>
<ins class="first" ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<noteRef uk:name="commentary" href="#c13330121" class="commentary"/>
SCHEDULE 5A
</ins>
</num>
<heading>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121"> The debt management account</ins>
</heading>
<hcontainer name="crossheading" ukl:Name="Pblock" eId="schedule-5A-crossheading-interest">
<heading>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121"> Interest</ins>
</heading>
<paragraph eId="schedule-5A-paragraph-13" uk:target="true" class="schProv1">
<num>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">13</ins>
</num>
<subparagraph eId="schedule-5A-paragraph-13-1">
<num>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">(1)</ins>
</num>
<intro>
<p>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">The Treasury shall from time to time pay out of the National Loans Fund into the Debt Management Account sums (if any) which the Treasury consider appropriate to compensate the Account in respect of </ins>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins class="first last" ukl:ChangeId="d29p3217" ukl:CommentaryRef="c13330211">
<noteRef uk:name="commentary" href="#c13330211" class="commentary"/>
(a)
</ins>
</ins>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">payments of interest made from the Account </ins>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins class="first" ukl:ChangeId="d29p3221" ukl:CommentaryRef="c13330211">
<noteRef uk:name="commentary" href="#c13330211" class="commentary"/>
, and.
</ins>
</ins>
</p>
</intro>
<level class="para1" eId="schedule-5A-paragraph-13-1-b">
<num>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins ukl:ChangeId="d29p3221" ukl:CommentaryRef="c13330211">
<noteRef href="#c13330231" uk:name="commentary" ukl:Name="CommentaryRef" class="commentary"/>
(b)
</ins>
</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins class="last" ukl:ChangeId="d29p3221" ukl:CommentaryRef="c13330211">any discount on any Treasury bills issued by virtue of paragraph 4 above.</ins>
</ins>
</p>
</content>
</level>
</subparagraph>
<subparagraph eId="schedule-5A-paragraph-13-2">
<num>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">(2)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">Payments to be made out of the National Loans Fund under sub-paragraph (1) above shall be treated for the purposes of section 15 of this Act as charges on that Fund for the service of national debt.</ins>
</p>
</content>
</subparagraph>
<subparagraph eId="schedule-5A-paragraph-13-3">
<num>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">(3)</ins>
</num>
<intro>
<p>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">The Treasury may from time to time pay out of the Debt Management Account into the National Loans Fund sums (if any) which the Treasury consider appropriate in respect of </ins>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins class="first last" ukl:ChangeId="d29p3243" ukl:CommentaryRef="c13330241">
<noteRef uk:name="commentary" href="#c13330241" class="commentary"/>
(a)
</ins>
</ins>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">interest received or earned by the Account </ins>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins class="first" ukl:ChangeId="d29p3247" ukl:CommentaryRef="c13330241">
<noteRef uk:name="commentary" href="#c13330241" class="commentary"/>
, and
</ins>
</ins>
</p>
</intro>
<level class="para1" eId="schedule-5A-paragraph-13-3-b">
<num>
<ins ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins ukl:ChangeId="d29p3247" ukl:CommentaryRef="c13330241">
<noteRef href="#c13330261" uk:name="commentary" ukl:Name="CommentaryRef" class="commentary"/>
(b)
</ins>
</ins>
</num>
<content>
<p>
<ins class="last" ukl:ChangeId="d29p2718" ukl:CommentaryRef="c13330121">
<ins class="last" ukl:ChangeId="d29p3247" ukl:CommentaryRef="c13330241">any benefit accruing to the Account which, in the opinion of the Treasury, ought to be treated in the same way as such interest.</ins>
</ins>
</p>
</content>
</level>
</subparagraph>
</paragraph>
</hcontainer>
</hcontainer>
</hcontainer>
</body>
</act>
</akomaNtoso>