Section 2 Power to accelerate repayment of housing loans.C1

Notwithstanding anything in subsection (3) of section one of the said Act of 1949 (which provides for the aggregate of sums issued under subsection (1) of that section in any financial year to be repaid, with interest . . . F1, by sixty equal annual instalments) the Treasury may authorise the payment in any financial year into the F2National Loans Fund, out of moneys provided by Parliament for F3the service of the Ministry of Defence, of additional sums in satisfaction of such part of any such aggregate or interest thereon or both as the Treasury may determine.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .