Financial assistance by Government
9 New loans.
1
The Secretary of State may make loans of money provided under subsection (2) to—
a
the Corporation, or
b
a company associated with the Corporation,
at any time while the Corporation is wholly owned by the Crown.
2
The Treasury may issue to the Secretary of State out of the National Loans Fund sums required for loans under this section.
3
Loans under this section shall be made on terms which require repayment to the Secretary of State—
a
at such times,
b
by such methods, and
c
with interest paid at such rates and at such times,
as the Secretary of State shall determine from time to time.
4
Sums received by the Secretary of State by virtue of subsection (3) shall be paid into the National Loans Fund.