Part 3 Money
Pensions Act 2008 (2008 c 30) | Legislation

Part 3 Money

Finance

18

(1)     The Secretary of State may, with the consent of the Treasury, give financial assistance to the trustee corporation.

(2)     The assistance—

(a)     may take the form of grants, loans, guarantees or indemnities;

(b)     may be given on conditions;

(c)     in the case of a loan, must be given on a condition requiring the loan to be repaid with interest at a rate approved

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