Part 9 Treasury Support for Ccps
Financial Services and Markets Act 2023 (2023 c 29) | Legislation

Part 9 Treasury Support for Ccps

Consolidated Fund

157

(1)     There is to be paid out of money provided by Parliament expenditure incurred—

(a)     by the Treasury, or by the Secretary of State with the consent of the Treasury, in respect of, or in connection with giving, financial assistance to or in respect of a CCP (other than in respect of loans made in accordance with paragraph 158), or

(b)     by the Treasury in respect of financial assistance to the Bank in connection with this Schedule.

(2)     For the purpose of sub-paragraph (1)(a) expenditure is incurred in respect of financial assistance in respect of CCPs if it is incurred in respect of an activity, transaction or arrangement, or class of activity, transaction or arrangement, which is expected to

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