71 Existing debt
Scotland Act 1998 (1998 c 46) | Legislation

71  Existing debt

(1)     Subsections (2) to (4) apply where—

(a)     power to lend money under a provision of a pre-commencement enactment was exercised by the Secretary of State,

(b)     the sums required by him for the exercise of the power were issued by the Treasury out of the National Loans Fund, and

(c)     the power is exercisable by the Scottish Ministers by virtue of section 53, or would have been so exercisable but for the repeal of the pre-commencement enactment.

(2)     Any amount payable by way of repayment of or interest on

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