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SCHEDULES

SCHEDULE 3U.K. Borrowing and Lending by Local Authorities and Certain other Bodies and Certain of their Funds

MiscellaneousS

28(1)Subject to F1. . . sub-paragraph (2) below, the provisions of this Schedule shall, subject to any necessary modifications, apply to a joint board having power to borrow money [F2and], [F3the Strathclyde Passenger Transport Authority]. . . F4. . . as they apply to a local authority.S

(2)The Secretary of State may by regulations make such provisions as seem to him necessary or expedient with respect to the application of the provisions of this .

[F5(a)a joint board; and]

[F6(b)the Strathclyde Passenger Transport Authority]

(3)A statutory instrument containing regulations under this paragraph shall be subject to annulment in pursuance of a resolution of either House of Parliament.