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Part IVMiscellaneous and Supplemental

General financial arrangements

38.—(1) There shall be paid out of the National Insurance Fund and into the Consolidated Fund sums estimated by the Department to balance payments made by it by way of contribution-based jobseeker’s allowance.

(2) The Department shall pay into the National Insurance Fund sums estimated by it to balance sums recovered by it in connection with payments of contribution-based jobseeker’s allowance.

(3) The Department shall pay into the National Insurance Fund sums estimated by it to be equal to the aggregate of the amounts deducted by employers in accordance with regulations under Article 29.

(4) The Department shall pay into the Consolidated Fund sums estimated by it to balance sums recovered by it in connection with payments made by way of income-based jobseeker’s allowance.

(5) Estimates under this Article shall be made by the Department—

(a)in any manner which, after consulting the Government Actuary or the Deputy Government Actuary, the Department considers appropriate and the Department of Finance and Personnel has approved; and

(b)at such times as the Department considers appropriate and the Department of Finance and Personnel has approved.

(6) Payments which are required to be made by this Article shall be made at such times and in such manner as the Department considers appropriate and the Department of Finance and Personnel has approved.