Employment Protection Act 1975

124 Financial provisions

(1) Subject to the following provisions of this section, there shall be defrayed out of moneys provided by Parliament—

(a) all expenses incurred by the Secretary of State or any other Minister of the Crown or any government department in consequence of the provisions of this Act;

(b) any expenses incurred by Mr. Speaker or by any person designated by him under section 122 above, in consequence of any enactment which is applied by that section; and

(c) any increase attributable to the provisions of this Act in the sums payable out of moneys so provided under any other enactment.

(2) The expenses to be so defrayed shall not include—

(a) any sums payable out of the National Loans Fund under section 41 above ;

(b) any increase in the sums payable out of that Fund under section 35 of the [1965 c. 62.] Redundancy Payments Act 1965 which is attributable to paragraph 17 of Part I of Schedule 16 to this Act,

and any such sums or increase shall be payable out of that Fund.

(3) There shall be paid out of the Maternity Pay Fund into the Consolidated Fund sums equal to the amount of any expenses incurred by the Secretary of State in exercising his functions under the provisions of this Act relating to maternity pay.

(4) There shall be paid out of the Redundancy Fund into the Consolidated Fund sums equal to the amount of—

(a) any expenses incurred by the Secretary of State (including expenses incurred by persons acting on his behalf) in exercising his functions under sections 64 to 68 above;

(b) any increase attributable to provisions of this Act in the sums falling to be so paid under section 55(5) of the [1965 c. 62.] Redundancy Payments Act 1965.

(5) There shall be paid into the Consolidated Fund any sums received by a Minister of the Crown by virtue of this Act, except sums which are expressly required to be paid into the Maternity Pay Fund, the Redundancy Fund or the National Insurance Fund.

(6) As respect any increase attributable to the provisions of this Act in the expenses which under section 135(3)(a) of the [1975 c. 14.] Social Security Act 1975 are to be paid out of moneys provided by Parliament, subsection (1)(c) above is without prejudice to the provision made by subsection (5) of that section for reimbursement out of the National Insurance Fund.