Channel Tunnel Act 1987

48 Financial provisions U.K.

(1) Any expenditure incurred by the Secretary of State—

(a) in making payments for land vested in or acquired by him under this Act;

(b) for the purpose of or in connection with the discharge by the intergovernmental Commission or the Safety Authority of their functions under the Treaty;

(c) by virtue of section 25 or 26 of this Act;

(d) in making payments for the purpose of restoring any land in pursuance of this Act;

(e) in making any payments of compensation that fall under any provision of this Act to be made by him; and

(f) in meeting any obligations or exercising any rights to which he is or from time to time becomes subject or entitled in pursuance of the Treaty or the Concession, being obligations or rights arising in connection with the tunnel system;

shall be met out of money provided by Parliament.

(2) Any increase attributable to this Act—

(a) in the sums payable out of money so provided under any other enactment; and

(b) in the administrative expenses of any government department;

shall be met out of money so provided.

(3) Any sums received by the Secretary of State—

(a) in reimbursement of any expenditure mentioned in subsection (1)(a), (d) or (e) above;

(b) in consideration of the disposal by him of any land acquired under this Act or otherwise in connection with the construction of the tunnel system;

(c) by way of receipts arising from the operation of the tunnel system or any part of it under section 26 of this Act; or

(d) in pursuance of the Treaty or the Concession;

shall be paid by him into the Consolidated Fund.