Land Development Values (Compensation) Act (Northern Ireland) 1965

42Expenses.N.I.

(1)Any expenses incurred by the Ministry under this Act shall, subject to subsection (2), be defrayed either out of moneys provided by Parliament or, if the Ministry of Finance so directs, by means of sums charged on and issued out of the Consolidated Fund.

(2)The aggregate of the sums charged on and issued out of the Consolidated Fund under subsection (1) shall not, unless and until Parliament otherwise determines, exceed [F1 four million six hundred thousand pounds].

(3)The Ministry of Finance may borrow money for the purpose of providing money for issues out of the Consolidated Fund under subsection (1).

(4)Any money borrowed under subsection (3) shall be repaid within any period or periods not exceeding twenty-five years from the date of borrowing, and provision for such repayment may be made out of moneys provided by Parliament.