Prospective
[F1223AInvesting in National Loans FundU.K.
This section has no associated Explanatory Notes
(1)Sums levied for the purpose of maintaining a contingency fund may be paid to the Treasury.
(2)The Treasury may receive sums under subsection (1) and may set terms and conditions of receipts.
(3)Sums received shall be treated as if raised under section 12 of the National Loans Act 1968 (and shall therefore be invested as part of the National Loans Fund).
(4)Interest accruing on the invested sums may be credited to the contingency fund (subject to any terms and conditions set under subsection (2)).
(5)The Treasury shall comply with any request of the scheme manager to arrange for the return of sums for the purpose of making payments out of a contingency fund (subject to any terms and conditions set under subsection (2)).]