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In force2020 Revised Edition

Part 11 · Financial Provisions

148E. Debt charges and moneys required to satisfy judgments

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(1)

The following are hereby charged on the Consolidated Fund:

(a)

all debt charges for which the Government is liable; and

(b)

any moneys required to satisfy any judgment, decision or award against the Government by any court or tribunal.

(2)

For the purposes of this Article, “debt charges” includes interest, sinking fund charges, repayment or amortisation of debt and all expenditure in connection with the raising of loans on the security of the Consolidated Fund and the service and redemption of debt created thereby.

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Part 12

Special Powers Against Subversion and Emergency Powers

Part 13

General Provisions

Part 14

Transitional Provisions

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