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GOVERNMENT LOANS ACT (NORTHERN IRELAND) 1957 - SECT 15

Capital receipts in the Loans Fund.

15. There shall be credited to the capital account of the Loans Fund

(a)sums received in or towards the repayment or redemption of the principal of
any Government loan;

Para.(b) rep. by 1971 c.6 (NI) s.9(3) sch.3

(c)capital sums borrowed by the Ministry under sub-section (1) of section ten;

(d)sums issued from the Consolidated Fund

(i)in respect of the principal of a Government Loan written off by direction
of Parliament; or

(ii)for the repayment or redemption of the principal of moneys borrowed under
section ten;

(e)capital sums received on the realisation or redemption of stock or
securities purchased under section twenty;

(f)sums transferred from the income account of the Loans Fund under paragraph
(d) of section eighteen;

(g)all other sums received, if any, which are determined by the Ministry to be
of the nature of capital receipts of the Loans Fund.

© 1957 Crown Copyright

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