36 Government guarantees
Marine and Coastal Access Act 2009 (2009 c 23) | Legislation

36  Government guarantees

(1)     The Secretary of State may guarantee—

(a)     the repayment of the principal of any sum borrowed by the MMO from a person other than the Secretary of State;

(b)     the payment of interest on any such sum;

(c)     the discharge of any other financial obligation in connection with any such sum.

(2)     A guarantee under subsection (1) may be given in such manner, and on such conditions, as

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