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Pensions Act 2008
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Pensions Act 2008, Cross Heading: Finance is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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FinanceU.K.
18(1)The Secretary of State may, with the consent of the Treasury, give financial assistance to the trustee corporation.U.K.
(2)The assistance—
(a)may take the form of grants, loans, guarantees or indemnities;
(b)may be given on conditions;
(c)in the case of a loan, must be given on a condition requiring the loan to be repaid with interest at a rate approved by the Treasury.
(3)Section 5 of the National Loans Act 1968 (c. 13) (rates of interest on certain loans out of the National Loans Fund) has effect as respects the rate of interest on a loan under this paragraph as it has effect as respects a rate of interest within subsection (1) of that section.
19U.K.The trustee corporation may make charges in connection with the exercise of its functions.
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