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45.(1) Subject to the following provisions of this section, the Ministry of Finance may from time to time advance out of the Consolidated Fund to the Ministry, for the purposes of the fund, such sums as the Ministry may request; and any sums advanced to the Ministry under this section shall be paid into the fund. (2) The aggregate amount outstanding by way of principal in respect of sums advanced to the Ministry under this section shall not at any time exceed [two million pounds]. (3) The Ministry of Finance may, for the purpose of providing any sums to be advanced under this section out of the Consolidated Fund or any part of such sums, or of providing for the replacement of sums so advanced, borrow money. (4) Any sums advanced to the Ministry under this section shall be repaid by the Ministry out of the fund into the Exchequer in such manner and at such times, and with interest thereon at such rate, as the Ministry of Finance may direct. Subs.(5) rep. by 1976 NI 21 art.18 sch.3
© 1965 Crown Copyright
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