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Health and Personal Social Services (Northern Ireland) Order 1972, Paragraph 5 is up to date with all changes known to be in force on or before 14 January 2025. 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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5. [F1Where regulations under paragraph 1A authorise the Department of Finance] to guarantee the payment of interest on, and the repayment of the principal of, any loan proposed to be raised by [F2the Department] —
(a)the principal of the loans which may be so guaranteed under the [F3regulations] shall not exceed in the aggregate [F4a sum specified in the scheme] ;
(b)there shall be charged on and issued out of the Consolidated Fund any sums required by [F5the Department] of Finance to fulfil any guarantees given by it under [F6the regulations] ;
(c)[F7the Department] of Finance may borrow money for the purpose of providing for issues out of the Consolidated Fund under sub-paragraph ( b);
(d)[F8the Department] shall make to [F9the Department of Finance] , at such times and in such manner as [F10the Department of Finance] may direct—
(i)payments of such amounts as [F10the Department of Finance] may direct in or towards repayment of any sums issued out of the Consolidated Fund under sub-paragraph ( b); and
(ii)payments of interest on what is outstanding in respect of sums so issued, at such rates as [F10the Department of Finance] may direct.
F1Words in Sch. 9 para. 5 substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(a); S.R. 2022/102, art. 2(b)
F2Words in Sch. 9 para. 5 substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(b); S.R. 2022/102, art. 2(b)
F3Word in Sch. 9 para. 5(a) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(c)(i); S.R. 2022/102, art. 2(b)
F4Words in Sch. 9 para. 5(a) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(c)(ii); S.R. 2022/102, art. 2(b)
F5Words in Sch. 9 para. 5(b) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(d)(i); S.R. 2022/102, art. 2(b)
F6Words in Sch. 9 para. 5(b) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(d)(ii); S.R. 2022/102, art. 2(b)
F7Words in Sch. 9 para. 5(c) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(e); S.R. 2022/102, art. 2(b)
F8Words in Sch. 9 para. 5(d) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(f)(i); S.R. 2022/102, art. 2(b)
F9Words in Sch. 9 para. 5(d) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(f)(ii); S.R. 2022/102, art. 2(b)
F10Words in Sch. 9 para. 5(d) substituted (1.4.2022) by Health and Social Care Act (Northern Ireland) 2022 (c. 3), s. 8(1)(b), Sch. 1 para. 51(7)(f)(iii); S.R. 2022/102, art. 2(b)
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