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LAND DEVELOPMENT VALUES (COMPENSATION) ACT (NORTHERN IRELAND) 1965 - SECT 42

Expenses.

42.(1) Any expenses incurred by the Ministry under this Act shall, subject to
subsection (2), be defrayed either out of moneys provided by Parliament or, if
the Ministry of Finance so directs, by means of sums charged on and issued out
of the Consolidated Fund.

(2) The aggregate of the sums charged on and issued out of the Consolidated
Fund under subsection (1) shall not, unless and until Parliament otherwise
determines, exceed [four million six hundred thousand pounds].

(3) The Ministry of Finance may borrow money for the purpose of providing
money for issues out of the Consolidated Fund under subsection (1).

(4) Any money borrowed under subsection (3) shall be repaid within any period
or periods not exceeding twenty-five years from the date of borrowing, and
provision for such repayment may be made out of moneys provided by Parliament.


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© 1965 Crown Copyright

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