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StatuteFinance Act 2008

Section 163 — Finance Act 2008: National savings

Text of the provision Official document

National savings 163 1 Section 10 of the National Debt Act 1972 (c. 65) (national savings stamps and gift tokens) is amended as follows.

2 In subsection (2), after “tokens; and” insert “ (subject to regulations under subsection (2A)) ” .

3 After that subsection insert— 2A Where the Treasury has issued a sum to the National Debt Commissioners under subsection (2), it may by regulations require them to repay to the National Loans Fund, in the way specified in the regulations, so much of that sum as may be specified in, or determined in accordance with, the regulations.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.