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“(b) The Minister for Finance shall not so exercise the powers conferred on him by this subsection that the amount, or the aggregate amount, of principal which he may at any one time be liable to repay on foot of any guarantee or guarantees under this subsection for the time being in force, together with the amount of principal (if any) which that Minister has previously paid on foot of any guarantee under this subsection and has not been repaid by the Board, exceeds £20,000,000.”.
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