(2) Where the Minister has paid to a l
ender less than the full amount of the loss sustained by the lender in respect of a loan and Her Majesty, by means of the exercise of any right to which Her Majesty is subrogated, recovers an
amount that is greater than the costs and expenses of recovery, but that, after deducting such costs and expenses, is less than the full
amount of the loss, Her Majesty is entitled to that proportion of the net
amount recovered that the portion of the loss borne by Her Majesty is of the full
amount of the los
...[+++]s and the remainder of the net amount recovered shall be paid by the Minister to the lender.