The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 No. 176

SCHEDULE 1 Consequential provisions – primary legislation

Public Works Loans Act 1875

17.—(1) Section 18 (charge on property and priority of loan by the Commissioners) is amended as follows.

(2) In the heading for “of loan by the Commissioners” substitute “of local loans by the Treasury”.

(3) For “a loan” substitute “a local loan”.

(4) For “Loan Commissioners” substitute “Treasury”.

(5) For “the Commissioners” substitute “the Treasury” in each place occurring.