C1Part III The new Authority for the Conduct of postal and telegraphic Business
Annotations:
Modifications etc. (not altering text)
Finance
37 Loans by the Minister to the Post Office.
1
2
Any loans which the Minister makes under this section shall be repaid to him at such times and by such methods, and interest thereon shall be paid to him at such rates and at such times, as he may, with the approval of the Treasury, from time to time direct.
3
The Treasury may issue out of the National Loans Fund to the Minister such sums as are necessary to enable him to make loans under this section.
4
Any sums received under subsection (2) above by the Minister shall be paid into the National Loans Fund.
Pt. III (ss. 6–88) amended by Local Government Act 1985 (c. 51, SIF 81:1), s. 57(7), Sch. 13 para. 13(c)