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Armed Forces (Housing Loans) Act 1958

1958 CHAPTER 1 7 and 8 Eliz 2

An Act to amend the Armed Forces (Housing Loans) Act, 1949.

[18th December 1958]

Modifications etc. (not altering text)

C1Words of enactment omitted under authority of Statute Law Revision Act 1948 (c. 62), s. 3

Commencement Information

I1Act wholly in force at Royal Assent.

1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1U.K.

2 Power to accelerate repayment of housing loans. U.K.

(1)Notwithstanding anything in subsection (3) of section one of the said Act of 1949 (which provides for the aggregate of sums issued under subsection (1) of that section in any financial year to be repaid, with interest . . . F2, by sixty equal annual instalments) the Treasury may authorise the payment in any financial year into the [F3National Loans Fund], out of moneys provided by Parliament for [F4the service of the Ministry of Defence], of additional sums in satisfaction of such part of any such aggregate or interest thereon or both as the Treasury may determine.

F5(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F6(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F5S. 2(2) repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt. IX Group1.

Modifications etc. (not altering text)

C2 “the said Act of 1949” means Armed Forces (Housing Loans) Act 1949 (c. 77)

3†Short title and repeal.U.K.

(1)This Act may be cited as the Armed Forces (Housing Loans) Act, 1958.

(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F7

Textual Amendments

Modifications etc. (not altering text)

C3A dagger appended to a marginal note means that it is no longer accurate