The Police Act 1997 (Provisions in relation to the NCIS Service Authority) Order 1998

Supplementary credit approvals

G15.—(1) Any Minister of the Crown may at any time issue to the Authority, in the form of a notice in writing, a credit approval (in this Part referred to as a “supplementary credit approval”).

(2) A supplementary credit approval shall be expressed as an amount of money and shall be limited to credit arrangements and expenditure for capital purposes of a description specified in the approval (but, if the Minister concerned considers appropriate, all capital purposes may be so specified).

(3) A supplementary credit approval shall have effect for such period as is specified in the approval; and where such an approval is issued not more than six months after the end of a financial year, it may specify a period which begins or begins and ends at any time during that financial year.

(4) Subject to paragraph (5) below, paragraph (4) of article G14 applies in relation to a supplementary credit approval as it applies in relation to a basic credit approval.

(5) In the case of a supplementary credit approval issued in respect of expenditure which is treated by the Authority as expenditure for capital purposes by virtue only of directions under article G2(6) above, the approval must specify an amortisation period and the maximum amortisation period which may be specified shall be seven years.