Section 25

The Minister may, from time to time, appropriate out of the Government Securities Fund moneys for the creation of a sinking fund for the repayment of the principal sums payable on any of the Government securities issued under this Act.

The total amount in the sinking fund must not exceed the outstanding principal sums payable on the Government securities.

The Minister may at any time apply all or any part of the moneys in the sinking fund to the purchase of trustee stock or of any other stock, bond, fund, security or investment mentioned in section 7(3) of the Financial Procedure Act 1966, except any stock, bond, fund or security issued by the Government under any written law.

All income from investments of moneys in the sinking fund and all profits arising from the realisation of any such investments must be paid into the sinking fund.