Section 126(9)

The power of the Treasury to agree to indemnify persons— is confined to a power to agree to indemnify persons in respect of liabilities, loss and damage incurred or sustained by them as relevant persons, but includes power to agree to indemnify persons (whether or not they are identified or identifiable at the time of the agreement) who subsequently become relevant persons.

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