Paragraph 2

may be made at such times, in such manner and subject to such conditions as the Secretary of State may with the approval of the Treasury determine; and

shall be repaid to him at such times and by such methods, and interest thereon shall be paid to him at such rates and at such times, as he may, with the approval of the Treasury, from time to time direct.

to prepare in respect of each financial year, in such form as the Treasury may direct, an account of sums issued to him for loans under this paragraph or received by him under this paragraph, and of the disposal by him of those sums; and

to send the account to the Comptroller and Auditor General not later than the end of November in the following financial year;