Regulation 8 National Loans Fund

(1)

Any money raised through available arrangements shall be paid into the National Loans Fund.

(2)

Any—

(a)

sums to be paid by, or on behalf of, a relevant person under or in connection with available arrangements; or

(b)

expenses incurred in connection with raising money or the issue, repayment or redemption of securities under available arrangements;

shall be charged on and paid out of the National Loans Fund with recourse to the Consolidated Fund.