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

SCHEDULE 1 Consequential provisions – primary legislation

Public Works Loans Act 1875

35.—(1) Section 37 (suspension of payment of principal and interest) is amended as follows.

(2) Omit the words “, on the recommendation of the Loan Commissioners,”.

(3) For “loan granted by the Commissioners” substitute “local loan”.

(4) Omit the words “on the said recommendation”.