Section 272(2)

The following shall be substituted for section 408 of that Act (recourse to Consolidated Fund)— The Treasury may direct the payment out of the Consolidated Fund of sums into— the Insolvency Services Account; the Investment Account. The Treasury shall certify to the House of Commons the reason for any payment under subsection (1). The Secretary of State may pay sums out of the Insolvency Services Account into the Consolidated Fund. The National Debt Commissioners may pay sums out of the Investment Account into the Consolidated Fund.

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Source: legislation.gov.uk · retrieved 2026-09-04