(1)The provisions of Schedule 7 to this Act shall have effect for the purpose of securing the settlement on, or as soon as practicable after, the appointed day of outstanding financial matters with which the Postmaster General is concerned and of making provision consequential on the settlement of such of those matters as are connected with the exercise and performance by him of functions under the [1965 c. 54.] National Health Service Contributions Act 1965 and the [1965 c. 62.] Redundancy Payments Act 1965.
(2)Section 22(2) of the [1968 c. 13.] National Loans Act 1968 (construction of references in that Act to the charge of payments on the National Loans Fund with recourse to the Consolidated Fund) shall have effect as if the first reference to that Act included a reference to Schedule 7 to this Act.