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Post Office Act 1969
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37Loans by the Minister to the Post Office
(1)The Minister may, with the approval of the Treasury, lend to the Post Office any sums which it has power to borrow under section 35(1) or (2) of this Act.
(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.
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