SCHEDULES
SCHEDULE 5Amendments of the New Towns Act 1981
I112
1
Section 59 (other borrowing powers of development corporations and Commission) is amended as follows.
2
In the heading, omit “and Commission”.
3
In subsection (1)—
a
omit “or the Commission”, and
b
for the words from “or the Commission (as the case may be)” to the end substitute “
may require for meeting its obligations or performing its functions
”
.
4
In subsection (2)—
a
omit “or the Commission”, and
b
for “they may require for enabling them” substitute “
it may require for enabling it.
”