SCHEDULE 1Consequential provisions – primary legislation

Housing Act 199680

1

Section 23 (loans by Public Works Loans Commissioners) is amended as follows.

2

For the heading substitute “Local loans made by the Treasury”.

3

For “Public Works Loan Commissioners” substitute “Treasury” in each place occurring.

4

At the end insert–

7

Any loan made under subsection (1) is a local loan for the purposes of section 3 of the National Loans Act 1968 (see Schedule 4 to that Act).