# The Financial Assistance Scheme Regulations 2005, Paragraph 3ZA


In section 113 (investment of funds)—
(a) at the beginning of subsection (1), insert “Subject to subsection (1A),”; and
(b) after subsection (1), insert—
“(1A) The Board may hold any grant received in accordance with regulation 5(3) of the Financial Assistance Scheme Regulations 2005 (scheme manager) in an interest-bearing account but may not otherwise invest any such grant.”.

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Source: https://www.legislation.gov.uk/uksi/2005/1986/schedule/1/paragraph/3ZA (the official version)
Page: https://openlegislation.uk/financial-assistance-scheme-regulations-2005/schedule-1/paragraph-3ZA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.