Legislation – Coronavirus Act 2020
Changes to legislation:
There are currently no known outstanding effects for the Coronavirus Act 2020, Section 86.![]()
Changes to Legislation
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PART 2Final provisions
86Financial provision
(1)
There is to be paid out of money provided by Parliament—
(a)
any expenditure which is incurred by a Minister of the Crown, government department or other public authority by virtue of this Act,
(b)
any increase attributable to this Act in the sums payable by virtue of any other Act out of money so provided, and
(c)
any other expenditure which is incurred by a Minister of the Crown, government department or other public authority in connection with the making of payments, or the giving of financial assistance to a person (whether directly or indirectly), as a result of coronavirus or coronavirus disease.
(2)
In subsection (1)(c)—
(a)
the reference to expenditure includes expenditure incurred before or after the passing of this Act, and
(b)
“financial assistance” includes assistance provided by way of grant, loan, guarantee or indemnity, and any other kind of financial assistance (actual or contingent).