24 Limit on NDA borrowing
Energy Act 2004 (2004 c 20) | Legislation

24  Limit on NDA borrowing

(1)     The NDA may not borrow if the effect would be—

(a)     to take the aggregate amount mentioned in subsection (2) over its borrowing limit; or

(b)     to increase the amount by which the aggregate amount so outstanding exceeds that limit.

(2)

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