(1)The purposes authorised for the application of capital money—
(a)by section 73 of the M1Settled Land Act 1925 F1. . .; and
(b)by section 26 of the M2Universities and College Estates Act 1925,
shall include the payment of any sum recoverable under section 111, [F2or 112].
(2)The purposes authorised as purposes for which money may be raised by mortgage—
(a)by section 71 of the Settled Land Act 1925 F3. . .; and
(b)by section 30 of the Universities and College Estates Act 1925,
shall include the payment of any sum so recoverable.
Textual Amendments
F1Words in s. 328(1)(a) repealed (1.1.1997) by 1996 c. 47, s. 25(2), Sch. 4 (with ss. 24(2), 25(4)); S.I. 1996/2974, art. 2
F2Words in s. 328(1) substituted (25.9.1991) by Planning and Compensation Act 1991 (c. 34, SIF 123:1), s. 31, Sch. 6 para. 37(with s. 84(5)); S.I. 1991/2067, art. 3 (subject to art. 4)
F3Words in s. 328(2)(a) repealed (1.1.1997) by 1996 c. 47, s. 25(2), Sch. 4 (with ss. 24(2), 25(4)); S.I. 1996/2974, art. 2
Modifications etc. (not altering text)
C1S. 328: power to apply conferred (10.11.1993) by 1993 c. 28, s. 171(4)(a); S.I. 1993/2762, art. 3
Marginal Citations