Health and Social Care Act 2012

Borrowing

This section has no associated Explanatory Notes

13(1)Monitor may, with the consent of the Secretary of State, borrow money temporarily by way of overdraft.

(2)But subject to that, and subject to sections 145 and 146 (power to borrow for exercising functions in relation to financial assistance and power of Secretary of State to lend etc.), Monitor may not borrow money.