Section 6
of Housing Loans Fund Act 1971
Section 6
Notwithstanding the provisions of subsection (2) of section 13 of the Financial Procedure Ordinance, 1957—
(a)
sums representing the proceeds of loan raised under the provisions of this Act together with interests due thereon shall, subject to paragraph (b), be repaid out of the Fund; and
(b)
the Minister of Finance may authorise the payment of such portion as he may determine of the interest due in paragraph (a) out of the Consolidated Fund.
HOUSING LOANS FUND
(2)
If the moneys standing to the credit of the Fund are insufficient to repay the whole sum raised or part thereof together with interests due thereon, the Minister of Finance shall appropriate out of the Consolidated Fund and repay the sum outstanding together with interest due thereon.