Child Trust Funds Act 2004 Explanatory Notes

Section 26: Money

80.Subsection (1) provides that the expenditure made by the Inland Revenue under this Act, including the Government contributions, will be met out of money provided by Parliament. Subsection (2) provides that any sums received by the Inland Revenue, such as recoveries of Government contributions incorrectly made, will be paid into the Consolidated Fund.

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