SCHEDULE 1Consequential provisions – primary legislation

Public Works Loans Act 187519

1

Section 20 (securities to be taken in name of secretary) is amended as follows.

2

In the heading for “secretary” substitute “the Public Works Loans Secretary”.

3

For “any loan granted by the Loan Commissioners in pursuance of this Act” substitute “any local loan”.

4

For “secretary of the Commissioners on their behalf” substitute “Public Works Loans Secretary”.

5

For “to the Commissioners” substitute “to the Treasury”.