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12. Section 39(1) of the 1969 Act (accounts of the Secretary of State with reference to Post Office indebtedness) shall apply in so far as it relates to a loan made before 26th March 2001 by the Secretary of State under section 37 of the 1969 Act.
Section 39 of the 1969 Act was amended by S.I. 1974/691 and section 5 of the Post Office (Banking Services) Act 1976 (c. 10).
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