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Social Security Act 1973

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This is the original version (as it was originally enacted).

98Financial provisions.

(1)Without prejudice to section 46(2) of this Act, there shall be paid out of money provided by Parliament—

(a)any expenses falling on the Secretary of State or other government department under this Act, including those incurred by the Secretary of State in making any loan to the Reserve Pension Board ;

(b)any increase attributable to this Act in the expenses of any Minister of the Crown or government department falling to be paid out of money so provided under any other enactment.

(2)There shall be paid into the Consolidated Fund—

(a)any sums deducted by the Secretary of State under section 74(2)(a) of this Act or receivable by him under section 74(4)(c);

(b)any sums received by the Secretary of State by way of repayment of any loan made by him to the Reserve Pension Board or as interest on any such loan;

(c)any sums recovered by the Secretary of State in pursuance of regulations under paragraph 1(b) of Schedule 19 to this Act.

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