Authorisation for the year ending 31 March 2025

11Power to borrow

(1)

The Department may borrow on the credit of the sum specified in section 9 any sum or sums not exceeding in total £7,862,382,000.

(2)

Any money so borrowed is to be repaid along with any interest due on it out of the Consolidated Fund not later than 31 March 2025.