{
  "url": "https://openlegislation.uk/pensions-act-2007/schedule-6/paragraph-18",
  "json_url": "https://openlegislation.uk/pensions-act-2007/schedule-6/paragraph-18.json",
  "legislation": "ukpga/2007/22",
  "legislation_title": "Pensions Act 2007",
  "legislation_url": "https://openlegislation.uk/pensions-act-2007",
  "path": "schedule/6/paragraph/18",
  "kind": "paragraph",
  "number": "18",
  "heading": null,
  "text": "(1) The Secretary of State may, with the consent of the Treasury, give financial assistance to the Authority.\n(2) The assistance—\n(a) may take the form of grants, loans, guarantees or indemnities;\n(b) may be given on conditions;\n(c) in the case of a loan, must be given on a condition requiring the loan to be repaid with interest at a rate approved by the Treasury.\n(3) Section 5 of the National Loans Act 1968 (rates of interest on certain loans out of the National Loans Fund) has effect as respects the rate of interest on a loan under this paragraph as it has effect as respects a rate of interest within subsection (1) of that section.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 6 para. 18 and cross-heading substituted (26.11.2008) by Pensions Act 2008 (c. 30), ss. 82, 149(2)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/22/schedule/6/paragraph/18",
    "retrieved_at": "2026-10-29T09:12:35.975623+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}