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EXCHEQUER AND FINANCIAL PROVISIONS ACT (NORTHERN IRELAND) 1950 - SECT 13 

Chargeability of premiums payable in connection with advances to Exchequer.

13.(1) Where, by virtue of paragraph (d) of sub-section (1) of section eleven
of this Act, the Ministry

(a)has advanced money to the Exchequer out of the Government Loans Fund; and

(b)determines that a premium should be paid to the Government Loans Fund on
the premature repayment of the money advanced, or in respect of any variation
in the terms as to rate of interest thereon or repayment thereof;

(2) The Ministry may borrow money for the purpose of providing for issues from
the Consolidated Fund to the Government Loans Fund in respect of premiums
under this section.

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© 1950 Crown Copyright

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