Section 223A: Investing in National Loans Fund

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part XV: The Financial Services Compensation Scheme

Sums levied for the purpose of maintaining a contingency fund may be paid to the Treasury.

The Treasury may receive sums under subsection (1) and may set terms and conditions of receipts.

Sums received shall be treated as if raised under section 12 of the National Loans Act 1968 (and shall therefore be invested as part of the National Loans Fund).

Interest accruing on the invested sums may be credited to the contingency fund (subject to any terms and conditions set under subsection (2)).

The Treasury shall comply with any request of the scheme manager to arrange for the return of sums for the purpose of making payments out of a contingency fund (subject to any terms and conditions set under subsection (2)).

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.