# Treasury Bills Act 1877, Section 5: Payment of proceeds of Treasury bill into Exchequer, and charge of bill on Consolidated Fund.


. . .
The principal money of and interest on any Treasury bill shall be charged on and payable out of the National Loans Fund with recourse to the Consolidated Fund of the United Kingdom, . . . , at the time and in the manner prescribed.

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Source: https://www.legislation.gov.uk/ukpga/Vict/40-41/2/section/5 (the official version)
Page: https://openlegislation.uk/treasury-bills-act-1877/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.