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International Development Act 2002
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16Financial provision
This section has no associated Explanatory Notes
(1)There shall be paid out of money provided by Parliament—
(a)any expenses incurred by the Secretary of State by virtue of this Act;
(b)any sums required by him for fulfilling any guarantee given under this Act;
(c)any increase attributable to this Act in the sums payable out of money so provided by virtue of any other Act.
(2)There shall be paid into the Consolidated Fund any sums received by the Secretary of State—
(a)by way of interest on, or repayment of, a loan made under this Act,
(b)as a result of the disposal of any securities acquired under this Act, or by way of a dividend or other payment in respect of such securities, or
(c)by way of payment under section 7 for any assistance under this Act, other than financial assistance.
(3)In this section “securities” has the same meaning as in section 6.
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