# Pensions Act 2004, Section 115A: Loans made by the Secretary of State


(1) The Secretary of State may lend money to the Board for the purposes of the exercise of the Board’s functions under Chapter 4 of this Part and any corresponding provision in force in Northern Ireland.
(2) A loan under this section may be made on such terms (including as to repayment and interest) as the Secretary of State may determine.

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Source: https://www.legislation.gov.uk/ukpga/2004/35/section/115A (the official version)
Page: https://openlegislation.uk/pensions-act-2004/section-115A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.