{
  "url": "https://openlegislation.uk/energy-act-2004/schedule-10/paragraph-9",
  "json_url": "https://openlegislation.uk/energy-act-2004/schedule-10/paragraph-9.json",
  "legislation": "ukpga/2004/20",
  "legislation_title": "Energy Act 2004",
  "legislation_url": "https://openlegislation.uk/energy-act-2004",
  "path": "schedule/10/paragraph/9",
  "kind": "paragraph",
  "number": "9",
  "heading": null,
  "text": "(1) The Secretary of State may guarantee—\n(a) the repayment of the principal of any sum borrowed by the Police Authority;\n(b) the payment of interest on such a sum; and\n(c) the discharge of any other financial obligation of the Police Authority in connection with the borrowing of such a sum.\n(2) The Secretary of State may give a guarantee under this paragraph in such manner, and on such terms, as he thinks fit.\n(3) As soon as practicable after giving a guarantee under this paragraph, the Secretary of State must lay a statement of the guarantee before Parliament.\n(4) If sums are paid out by the Secretary of State under a guarantee given under this paragraph, the Police Authority must pay him—\n(a) such amounts in or towards the repayment to him of those sums as he may direct; and\n(b) interest, at such rates as he may direct, on amounts outstanding under this sub-paragraph.\n(5) Payments to the Secretary of State under sub-paragraph (4) must be made at such times, and in such manner, as he may from time to time direct.\n(6) Where a sum has been paid out by the Secretary of State under a guarantee given under this paragraph, he must lay a statement relating to that sum before Parliament—\n(a) as soon as practicable after the end of the financial year in which that sum is paid out; and\n(b) as soon as practicable after the end of each subsequent relevant financial year.\n(7) In relation to a sum paid out under a guarantee, a financial year is a relevant financial year for the purposes of sub-paragraph (6) unless—\n(a) before the beginning of that year, the whole of that sum has been repaid to the Secretary of State under sub-paragraph (4); and\n(b) the Police Authority is not at any time during that year subject to a liability to pay interest on amounts that became due under that sub-paragraph in respect of that sum.\n(8) The consent of the Treasury is required—\n(a) for the giving of a guarantee under this paragraph; and\n(b) for the giving of a direction under sub-paragraph (4) or (5).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 10 para. 9 in force at 1.4.2005 by S.I. 2005/877, art. 2(1), Sch. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/20/schedule/10/paragraph/9",
    "retrieved_at": "2026-10-29T09:17:05.990250+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}