Housing and Regeneration Act 2008

This section has no associated Explanatory Notes

12(1)Section 59 (other borrowing powers of development corporations and Commission) is amended as follows.E+W

(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. ”

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Commencement Information

I1Sch. 5 para. 12 in force at 1.4.2009 by S.I. 2009/803, art. 3(1)