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(1)The Department may, with the consent of the Department of Finance—
(a)issue out of the National Insurance Fund sums equal to the respective amounts (as estimated in accordance with this section) which, but for any arrangement to which section 92 of this Act applies, would have been paid out of that Fund by way of benefit; and
(b)deal with those sums in accordance with the following provisions of this section.
(2)Any such sum which is attributable to an arrangement relating to the members, officers and servants of the Post Office shall be paid to the Post Office; and, subject to this, any such sum shall be paid to such person or fund (including the Consolidated Fund of Northern Ireland) as the Department of Finance may direct.
(3)The amounts mentioned in subsection (1)(a) above shall be estimated—
(a)where the payment is to be made into the Consolidated Fund of Northern Ireland, by the Department; and
(b)in any other case in such manner as may be agreed between the person receiving the payment (or responsible for the fund to which the payment is made) and the Department acting with the consent of the Department of Finance.
(4)Subsection (1) above shall not apply where the pay during absence from work covered by the relevant arrangement forms part of the expenses within section 129(5) above.
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