Part XIVE+W Public Administration (England and Wales)

Modifications etc. (not altering text)

C2Third Group of Parts (Pts. 12-19) applied to limited liability partnerships (with modifications) (E.W.S.) (6.4.2001) by S.I. 2001/1090, reg. 5, Schs. 3, 4 (as amended (4.3.2004) by S.I. 2004/355, art. 10 and (1.10.2005) by S.I. 2005/1989, reg. 3, Sch. 2 (with reg. 4) and (8.12.2017) by The Insolvency (Miscellaneous Amendments) Regulations 2017 (S.I. 2017/1119), reg. 1(1), Sch. 1 Pts. 2, 3)

Insolvency Service finance, accounting and investmentE+W

[F1408 Adjustment of balancesE+W

(1)The Treasury may direct the payment out of the Consolidated Fund of sums into—

(a)the Insolvency Services Account;

(b)the Investment Account.

(2)The Treasury shall certify to the House of Commons the reason for any payment under subsection (1).

(3)The Secretary of State may pay sums out of the Insolvency Services Account into the Consolidated Fund.

(4)The National Debt Commissioners may pay sums out of the Investment Account into the Consolidated Fund.]

Textual Amendments

F1S. 408 substituted (1.4.2004) by 2002 c. 40, ss. 272(2), 279 (with s. 249(6)); S.I. 2003/2093, art. 2(2), Sch. 2 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))