Part 8General
I2I1257“Financial assistance”
1
In this Act “financial assistance” includes giving guarantees or indemnities and any other kind of financial assistance (actual or contingent).
2
The Treasury may by order provide that a specified activity or transaction, or class of activity or transaction, is to be or not to be treated as financial assistance for a specified purpose of this Act; and subsection (1) is subject to this subsection.
3
An order—
a
shall be made by statutory instrument, and
b
shall be subject to annulment in pursuance of a resolution of either House of Parliament.