This section has no associated Explanatory Notes
12(1)Section 59 (other borrowing powers of development corporations and Commission) is amended as follows.
(2)In the heading, omit “and Commission”.
(3)In subsection (1)—
(a)omit “or the Commission”, and
(b)for the words from “or the Commission (as the case may be)” to the end substitute “may require for meeting its obligations or performing its functions”.
(4)In subsection (2)—
(a)omit “or the Commission”, and
(b)for “they may require for enabling them” substitute “it may require for enabling it.”