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SCHEDULES

SCHEDULE 2Relaxation of Controls over Local and Other Authorities

The Housing (Scotland) Act 1969 (c. 34)

15For subsection (3) of section 25 (interest payable by local authority) there shall be substituted the following subsection—

(3)Any interest payable under subsection (1) or subsection (2) of this section shall be at such reasonable rate as the local authority may determine..