Part 2Miscellaneous and general

General

16Financial provision

1

There shall be paid out of money provided by Parliament—

a

any expenses incurred by the Secretary of State by virtue of this Act;

b

any sums required by him for fulfilling any guarantee given under this Act;

c

any increase attributable to this Act in the sums payable out of money so provided by virtue of any other Act.

2

There shall be paid into the Consolidated Fund any sums received by the Secretary of State—

a

by way of interest on, or repayment of, a loan made under this Act,

b

as a result of the disposal of any securities acquired under this Act, or by way of a dividend or other payment in respect of such securities, or

c

by way of payment under section 7 for any assistance under this Act, other than financial assistance.

3

In this section “securities” has the same meaning as in section 6.