Section 126(8)

In relation to a sum paid out in consequence of an indemnity, a financial year is a relevant financial year for the purposes of subsection (7) unless— before the beginning of that year, the whole of that sum has been repaid to the Treasury under subsection (5), and the infrastructure company is not at any time during that year subject to liability to pay interest on amounts that became due under that subsection in respect of that sum.

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