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New Towns and Urban Development Corporations Act 1985
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10In section 64 of that Act (disposals by development corporations or the Commission to meet a debt imposed under section 63)—
(a)in subsection (1) the words " or Commission" shall be omitted ;
(b)in subsection (2), for the words after " notwithstanding " there shall be substituted the words " section 17(1) above and any implied restriction in Part I of this Act on the circumstances in which property of a development corporation may be disposed of, but otherwise must be exercised in accordance with the said Part I except that, before giving the corporation directions under section 5(2), the Secretary of State shall consult the corporation (unless he is satisfied that, on account of urgency, such consultation is impracticable) " ; and
(c)subsections (3) to (8) shall be omitted.
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