# International Development Act 2002, Section 16: Financial provision

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

(1) There shall be paid out of money provided by Parliament—
(a) any expenses incurred by the Secretary of State by virtue of this Act;
(b) any sums required by him for fulfilling any guarantee given under this Act;
(c) any increase attributable to this Act in the sums payable out of money so provided by virtue of any other Act.
(2) There shall be paid into the Consolidated Fund any sums received by the Minister—
(a) by way of interest on, or repayment of, a loan made under this Act,
(b) as a result of the disposal of any securities acquired under this Act, or by way of a dividend or other payment in respect of such securities, or
(c) by way of payment under section 7 for any assistance under this Act, other than financial assistance.
(3) In this section “securities” has the same meaning as in section 6.

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Source: https://www.legislation.gov.uk/ukpga/2002/1/section/16 (the official version)
Page: https://openlegislation.uk/international-development-act-2002/section-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.