National Loans Act 1968

Section 3.

SCHEDULE 4 Local Loans

1 Loans to any local authority for any purpose for which the authority have power to borrow, whether by virtue of any enactment or otherwise.

In this paragraph " local authority " means—

(a) any authority in Great Britain being, within the meaning of the [1875 c. 83.] Local Loans Act 1875, an authority having power to levy a rate,

(b) any port health authority or joint board constituted by an order under the [1936 c. 49.] Public Health Act 1936, or under any enactment repealed by that Act,

(c) any joint board in Scotland as defined by section 379(1) of the [1947 c. 43.] Local Government (Scotland) Act 1947.

2 Loans to any authority in Great Britain under—

• Section 3 of the [1861 c. 47.] Harbours and Passing Tolls, &c, Act 1861.

• Section 663 of the [1894 c. 60.] Merchant Shipping Act 1894, (lighthouses, buoys and beacons).

3 Loans to any person under section 78 of the [1950 c. 34.] Housing (Scotland) Act 1950 or section 47 of the [1958 c. 42.] Housing (Financial Provisions) Act 1958 (loans to companies, housing associations and individuals for housing).