# National Loans Act 1968, Paragraph 9


(1) If securities issued under section 12 of this Act or Treasury bills (other than bills issued by virtue of paragraph 4 above) are acquired on issue under paragraph 3(1)(a) above the Treasury shall pay from the Debt Management Account into the National Loans Fund a sum of such amount as the Treasury may determine to be appropriate.
(2) A payment under this paragraph—
(a) may be made before, at or after issue;
(b) may be made in instalments, any of which may be paid before, at or after issue.

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Source: https://www.legislation.gov.uk/ukpga/1968/13/schedule/5A/paragraph/9 (the official version)
Page: https://openlegislation.uk/national-loans-act-1968/schedule-5A/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.