The Railways Act 1993 (Extinguishment of Relevant Loans) (Railtrack plc) Order 1996

Made7th March 1996

Laid before Parliament8th March 1996

Coming into force29th March 1996

Whereas Railtrack plc is a successor company for the time being wholly owned by the Crown1;

And whereas the loans specified in the Schedule to the following Order are relevant loans for the purposes of section 106 of the Railways Act 19932;

Now, therefore, the Secretary of State, in exercise of the powers conferred by section 106(1) of the Railways Act 1993, and with the consent of the Treasury3, hereby makes the following Order:—