(1) Notwithstanding section 6(1) (c), the Minister may, where it appears to him or her to be desirable to do so for the purposes of the management of the National Debt or the borrowing of money for the Exchequer, give a direction in writing to the Commission to invest, on terms and conditions specified in the direction, in securities issued under section 54 (1) of the Finance Act 1970 or securities guaranteed by the Minister.
(2) The Minister may give a direction in writing to the Commission to hold all or part of the assets of the Fund in such form as will facilitate investment in securities issued under section 54 (1) of the Finance Act 1970 or securities guaranteed by the Minister for Finance.
(3) The Commission shall comply with a direction under subsection (1) or (2).