6. In the [1983 NI 1] Financial Provisions (Northern Ireland) Order 1983—
(a)at the end of Article 7 (intepretation of Part III) there shall be added the following definition—
““variable interest loan” means a government loan the rate of interest on which may vary.”;
(b)in Article 9 (terms, etc., of government loans)—
(i)in paragraph (5)(a) (publication of notices in Belfast Gazette stating rates of interest), after the word “notice” there shall be inserted the words “ subject, in the case of variable interest loans, to any subsequent variation in the rates of interest ”;
(ii)after paragraph (5) there shall be inserted the following paragraph—
“(5A) in the case of variable interest loans, notices published under paragraph (5) (a) may state the rates of interest by describing a formula which may give varying results at various times.”;
(c)in Schedule 2 (provisions deemed to be included in agreements for government loans to district councils, etc.)at the end of paragraph (b) there shall be added the words “ subject, if the loan is a variable interest loan, to any subsequent variation in the rate of interest” .