Financial Services (Banking Reform) Act 2013

125LoansU.K.

This section has no associated Explanatory Notes

(1)This section applies where an FMI administration order has been made in relation to an infrastructure company.

(2)The Treasury may, out of money provided by Parliament, make loans to the company for achieving the objective in section 115.

(3)A loan under this section may be made on such terms as the Treasury think fit.

(4)The Treasury must pay into the Consolidated Fund sums received by them as a result of this section.

Commencement Information

I1S. 125 in force at 13.7.2018 for E.W. by S.I. 2018/848, art. 2(c)