50 Government guarantees of a new Agency's borrowing

50  Government guarantees of a new Agency's borrowing

(1)     The appropriate Minister may, [in the case of the Agency only,] with the consent of the Treasury, guarantee, in such manner and on such conditions as he may think fit, the repayment of the principal of, the payment of interest on, and the discharge of any other financial obligation in connection with, any sum which a new Agency borrows from any person.

(2)     A Minister

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