31Transfer of funds between managersS
This section has no associated Explanatory Notes
(1)A manager may transfer a sum of money—
(a)from the manager's income account to the income account of another manager,
(b)from the manager's capital account to the capital account of another manager.
(2)A manager (other than the Scottish Ministers) may make a transfer under subsection (1) only if directed to do so by the Scottish Ministers in a direction under section 37(1).
(3)The direction must specify—
(a)the sum to be transferred, or
(b)how that sum is to be calculated.
Commencement Information
I1S. 31 in force at 27.9.2021 by S.S.I. 2021/308, reg. 2, sch.