- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (16/05/2022)
- Gwreiddiol (Fel y'i Deddfwyd)
Point in time view as at 16/05/2022. This version of this provision is prospective.
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Financial Services and Markets Act 2000, Section 223A is up to date with all changes known to be in force on or before 24 August 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Prospective
(1)Sums levied for the purpose of maintaining a contingency fund may be paid to the Treasury.
(2)The Treasury may receive sums under subsection (1) and may set terms and conditions of receipts.
(3)Sums received shall be treated as if raised under section 12 of the National Loans Act 1968 (and shall therefore be invested as part of the National Loans Fund).
(4)Interest accruing on the invested sums may be credited to the contingency fund (subject to any terms and conditions set under subsection (2)).
(5)The Treasury shall comply with any request of the scheme manager to arrange for the return of sums for the purpose of making payments out of a contingency fund (subject to any terms and conditions set under subsection (2)).]
Textual Amendments
F1S. 223A inserted (prosp.) by Banking Act 2009 (c. 1), ss. 172, 263(1)(2) (with s. 247)
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