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Post Office Act 1969

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10(1)If, immediately before the appointed day, any sum is due to the Postmaster General for reimbursing him expenses incurred by him of the kind mentioned in section 12(4)(c) or 13(4) of the National Loans Act 1968, an equivalent sum shall, on that day or as soon as practicable thereafter, be paid to the Post Office out of the National Loans Fund with recourse to the Consolidated Fund.

(2)If, in any period ending with the day immediately preceding the appointed day, the Postmaster General has done without payment work for whose doing he would, but for this Act, have received payment under subsection (7) of section 16 of the National Loans Act 1968 after the beginning of that day, there shall, on that day or as soon as practicable thereafter, be paid to the Post Office out of the National Loans Fund with recourse to the Consolidated Fund such sum as may be agreed between the Treasury and the Post Office to be equal to that which, but for this Act, would have been paid under that subsection to the Postmaster General for doing that work.

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