(1) The Minister shall appropriate out of the Consolidated Fund the necessary sum to pay the principal and interest represented by the Government security issued by the Minister, including any charges or expenses relating or incidental to the issue of the Government security.
(2) The Minister shall, out of the sum appropriated under subsection (1) —
(a) remit the amount to the paying agent at such time as the principal and interest on a Government security becomes payable;
(b) cause the Government security to be paid.