Section 13 Power to remit interest on advances.F1
United Kingdom
The Secretary of State may, with the consent of the Treasury, remit the payment by the Corporation under section 12(1) above of interest on the whole or any part of the amount outstanding in respect of an advance under section 10(1) above, being interest for such period (beginning after the commencement of the Commonwealth Development Corporation Act 1995) as he may with the consent of the Treasury determine.
Annotations
Textual amendments
Notes on the whole Act
Textual amendments
- F1
Act (except ss. 1(1), 19) repealed (8.12.1999) by 1999 c. 20, ss. 5(2), 7, 8(2)(a), 27, Sch. 4 (with ss. 8(4)(5), 15); S.I. 1999/3258, art. 2