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Financial Services (Banking Reform) Act 2013

Financial Services (Banking Reform) Act 2013

2013 CHAPTER 33

Commentary

Part 6 – Special Administration for Operators of Certain Infrastructure Systems

Section 125: Loans

279.Section 125 allows the Treasury to make loans to an infrastructure company in respect of which a FMI administration order has been made. The loan must be made for the purposes of achieving the objective of FMI administration. The Treasury has discretion as to the terms upon which any such loan is made and any sums repaid would have to be paid into the Consolidated Fund.

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