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Gas Act 1965

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This is the original version (as it was originally enacted).

31Financial provisions.

(1)Any additional sums which, in consequence of the provisions of this Act, may be required to be issued out of the Consolidated Fund, or paid into the Exchequer, or raised by the Treasury, under section 2 of the [1963 c. 59.] Electricity and Gas Act 1963 (Exchequer advances to nationalised industries) or section 45 of the principal Act (Treasury guarantees) shall be charged on and issued out of the Consolidated Fund, or paid into the Exchequer, or may be raised by the Treasury, as the case may be.

(2)There shall be paid out of moneys provided by Parliament—

(a)any administrative expenses incurred by any Minister under or in consequence of the provisions of this Act,

(b)any additional sums so payable in consequence of the provisions of this Act under the Superannuation Acts 1834 to 1960, and

(c)any increase attributable to this Act in the sums payable out of money so provided by way of Rate-Deficiency Grant or Exchequer Equalisation Grant under the enactments relating to local government in England and Wales or in Scotland.

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