# National Loans Act 1968, Paragraph 14


(1) Any securities issued by or on behalf of the Treasury and for the time being held by the Treasury for the purposes of the Debt Management Account may be redeemed by the Treasury before maturity at market prices determined in such manner as the Treasury think fit.
(2) Any expenses incurred by the Treasury in connection with the redemption of securities under this paragraph shall be paid out of the National Loans Fund.

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Source: https://www.legislation.gov.uk/ukpga/1968/13/schedule/5A/paragraph/14 (the official version)
Page: https://openlegislation.uk/national-loans-act-1968/schedule-5A/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.