UK Infrastructure Bank Act 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
5 Financial assistance
(1) The Treasury may provide financial assistance to the Bank for the purpose of helping the Bank in the delivery of its objectives. (2) The Treasury may arrange for money to be paid out of the National Loans Fund in order to enable loans to be made to the Bank, whether directly or indirectly. (3) Where a loan from the National Loans Fund is made directly to the Bank, the Treasury is to determine— (a) the rate of interest on the loan, and (b) other terms and conditions.
5 Financial assistance
(1) The Treasury may provide financial assistance to the Bank for the purpose of helping the Bank in the delivery of its objectives. (2) The Treasury may arrange for money to be paid out of the National Loans Fund in order to enable loans to be made to the Bank, whether directly or indirectly. (3) Where a loan from the National Loans Fund is made directly to the Bank, the Treasury is to determine— (a) the rate of interest on the loan, and (b) other terms and conditions.
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