(1)Expenses incurred by the Ministry (including the amount of any grants payable by the Ministry under this Act) in consequence of the passing of this Act may be defrayed either out of money provided by Parliament or, if the Ministry of Finance so directs, by means of sums charged on and issued out of the Consolidated Fund, and, for the purpose of providing any sums so issued out of the Consolidated Fund, the Ministry of Finance may borrow any sum which it considers fit, so, however, that the aggregate of the sums to be charged on and issued out of the Consolidated Fund under this subsection shall not, unless and until Parliament otherwise determines, exceed £1,000,000.
Subs.(2) rep. by SLR 1980
(3)Any money borrowed under subsection (1) shall be repaid within any period or periods, not exceeding twenty-five years from the date of borrowing, and provision for such repayment may be made out of money provided by Parliament.