27Treasury loansU.K.
This section has no associated Explanatory Notes
(1)Any loan made by the Treasury to, or in respect of, an authorised reclaim fund in the circumstances mentioned in subsection (2) is to be made out of money provided by Parliament.
(2)The circumstances are that the Treasury consider that, unless the loan is made, the reclaim fund is or is likely to become unable to meet its liabilities.
Commencement Information
I1S. 27 not in force at Royal Assent, see s. 34(3)
I2S. 27 in force at 6.6.2022 by S.I. 2022/582, reg. 2