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1The repeal by this Act of paragraph 3 of Schedule 2 to the [1972 c. 5.] Local Employment Act 1972 shall be without prejudice to—
(a)the continued operation as mentioned in that paragraph of any agreement relating to loans or grants entered into under the Distribution of Industry Acts 1945 to 1958 ;
(b)the payment of further instalments of a grant under section 3 of the [1945 c. 36.] Distribution of Industry Act 1945 in pursuance of arrangements made before 1st April 1960;
(c)the continued payment to a housing association of grants under section 3(2) of the [1950 c. 8.] Distribution of Industry Act 1950 in respect of dwellings provided before 1st April 1960, being grants which the Board of Trade agreed to make.
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