Section 37Part 6 — Financial and accountability provisions
Repayment of advances
←→ Navigate · Click subsection badges to collapse · Press ? for help
The Office shall pay into the Treasury, at such times and in such manner as the Cabinet may direct, such amounts as may be so directed in or towards repayment of advances made to the Office under section 36, and any sums issued in fulfilment of any guarantee given thereunder, and shall pay into the Treasury on what is outstanding for the time being in respect of such advances and of any sum so issued at such rate as the Cabinet may direct, and different rates of interest may be directed as respects different periods.
Cross References
- Section 36 of Utility Regulation And Competition Act
advances made to the Office