SCHEDULE 12MINOR AND CONSEQUENTIAL AMENDMENTS

PART 1MINOR AND CONSEQUENTIAL AMENDMENTS: GENERAL

Notes to Schedule K, shall cease to have effect.

26Local Government (Development and Finance)(Scotland) Act 1964 (c. 67)

In section 7 of the Local Government (Development and Finance)(Scotland) Act 1964 (power to make advances for erection of buildings), for subsection (6) substitute—

6

The security for an advance made under this section shall be taken at the time of making or, in the case of an agreement to sell or let the land, at the time of the conveyance or of the lease.