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SCHEDULES

Article 59.

SCHEDULE 9N.I.PROVISION FOR MAKING LOANS TO GENERAL MEDICAL PRACTITIONERS

1.  [F1The Department may, in accordance with paragraphs 1A to 5,] make loans to practitioners providing[F2 primary medical services] for the purpose of enabling them—

(a)to provide, or to acquire a share in, premises used or to be used, in whole or in part, for the provision of those services;

(b)to alter, enlarge, improve or repair such premises;

(c)to acquire any land required for the erection of, or in connection with the use of, such premises;

(d)to acquire any equipment or furniture needed by them in the provision of those services;

(e)to repay any loan raised by them for any such purpose.

[F31A.  Loans to practitioners providing primary medical services (GP loans”) are to be made in accordance with a scheme that is provided for in regulations made, with the approval of the Department of Finance, by the Department.]N.I.

2.  [F4Regulations under paragraph 1A may include] provision for—

F5(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F6(b)the guaranteeing by the Department of Finance of the payment of interest on, and the repayment of the principal of, any loan raised by the Department for the purpose of making GP loans;]

(c)securing repayment of the interest on, and the principal of, any [F7GP loans] ;

[F8(d)authorising the Department to hold and dispose of any land or property conveyed to it as security for a GP loan;]

(e)the defrayal of expenses incurred in making [F9GP loans] .

[F103.  No regulations may be made under paragraph 1A unless a draft of the regulations has been laid before and approved by resolution of the Assembly.]N.I.

F114.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.

5.  [F12Where regulations under paragraph 1A authorise the Department of Finance] to guarantee the payment of interest on, and the repayment of the principal of, any loan proposed to be raised by [F13the Department] —

(a)the principal of the loans which may be so guaranteed under the [F14regulations] shall not exceed in the aggregate [F15a sum specified in the scheme] ;

(b)there shall be charged on and issued out of the Consolidated Fund any sums required by [F16the Department] of Finance to fulfil any guarantees given by it under [F17the regulations] ;

(c)[F18the Department] of Finance may borrow money for the purpose of providing for issues out of the Consolidated Fund under sub-paragraph ( b);

(d)[F19the Department] shall make to [F20the Department of Finance] , at such times and in such manner as [F21the Department of Finance] may direct—

(i)payments of such amounts as [F21the Department of Finance] may direct in or towards repayment of any sums issued out of the Consolidated Fund under sub-paragraph ( b); and

(ii)payments of interest on what is outstanding in respect of sums so issued, at such rates as [F21the Department of Finance] may direct.