81 Guarantees where postal administration order is made
Postal Services Act 2011 (2011 c 5) | Legislation

81  Guarantees where postal administration order is made

(1)     This section applies if a postal administration order has been made in relation to a company.

(2)     The Secretary of State may, with the consent of the Treasury, guarantee—

(a)     the repayment of any sum borrowed by the company while that order is in force,

(b)     the payment of interest on any sum borrowed by the company while that order is in force, and

(c)     the discharge of any other financial obligation of the company in connection with the borrowing of any sum while that order is in force.

(3)

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