SCHEDULES

C1F2SCHEDULE 5A The debt management account

Annotations:
Amendments (Textual)
F2

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)

National Loans Fund

9

1

If securities issued under section 12 of this Act or Treasury bills F1(other than bills issued by virtue of paragraph 4 above) are acquired on issue under paragraph 3(1)(a) above the Treasury shall pay from the Debt Management Account into the National Loans Fund a sum of such amount as the Treasury may determine to be appropriate.

2

A payment under this paragraph—

a

may be made before, at or after issue;

b

may be made in instalments, any of which may be paid before, at or after issue.