Cap. 575 Art. 45Constitution of debt and recovery of money paid under the guarantee.

(1) The money paid in terms of article 44(4) shall constitute a debt due to the Government from the beneficiary concerned.

(2) A debt referred in this sub-article (1) may be paid over such period of time and on such terms and conditions as the Minister deems proper; or may be written down by the Minister in accordance with an appropriation, by or under the authority of an Act of Parliament.

(3) This Part does not limit or affect any other rights that the Government may have as a guarantor.

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