SCHEDULES

C1F5SCHEDULE 5A The debt management account

Annotations:
Amendments (Textual)
F5

Sch. 5A inserted (15.11.1999 subject to arts. 5-7 of S.I. 1999/2908) by 1998 c. 36, s. 160, Sch. 26 para. 1(3); S.I. 1999/2908, arts. 1, 2

Modifications etc. (not altering text)

Interest

13

1

The Treasury shall from time to time pay out of the National Loans Fund into the Debt Management Account sums (if any) which the Treasury consider appropriate to compensate the Account in respect of

F1a

payments of interest made from the Account F1, and

F2b

any discount on any Treasury bills issued by virtue of paragraph 4 above.

F62

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

The Treasury may from time to time pay out of the Debt Management Account into the National Loans Fund sums (if any) which the Treasury consider appropriate in respect of

F3a

interest received or earned by the Account F3, and

F4b

any benefit accruing to the Account which, in the opinion of the Treasury, ought to be treated in the same way as such interest.