Money

Insolvency Account: adjustment of balancesI128

The following shall be inserted after Article 358 of the 1989 Order (Insolvency Account)—

Adjustment of balances358A

1

The Department of Finance and Personnel may direct the payment out of the Consolidated Fund of sums into the Insolvency Account.

2

The Department of Finance and Personnel shall certify to the Assembly the reason for any payment under paragraph (1).

3

The Department may pay sums out of the Insolvency Account into the Consolidated Fund.