# Export Guarantees and Overseas Investment Act 1978 (repealed 23.10.1991), Section 14: Expenses and receipts.

Extent: E+W+S+N.I.

(1) Subject to subsection (2) below—
(a) all expenses incurred by the Secretary of State under this Act shall be defrayed out of money provided by Parliament;
(b) all sums received by the Secretary of State by virtue of this Act shall be paid into the Consolidated Fund.
(2) If—
(a) any amount required for fulfilling any guarantee given under this Act, or
(b) any sum required by the Secretary of State for fulfilling his liabilities under an agreement under section 11 above,
is not paid out of money provided by Parliament, it shall be charged on and paid out of the Consolidated Fund.

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Source: https://www.legislation.gov.uk/ukpga/1978/18/section/14 (the official version)
Page: https://openlegislation.uk/export-guarantees-and-overseas-investment-act-1978-repealed-23101991/section-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.