25 Government guarantees for NDA borrowing
Energy Act 2004 (2004 c 20) | Legislation

25  Government guarantees for NDA borrowing

(1)     The Secretary of State may guarantee—

(a)     the repayment of the principal of any sum borrowed by the NDA from a person other than the Secretary of State;

(b)     the payment of interest on such a sum; and

(c)     the discharge of any other financial obligation of the NDA in connection with the borrowing of such a sum.

(2)     The Secretary of State may give a guarantee under this section in such manner, and on such terms, as he thinks fit.

(3)     As soon

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