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National Loans Act 1968
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Changes over time for: SCHEDULE 1
Version Superseded: 05/11/1993
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Status:
Point in time view as at 01/02/1991.
Changes to legislation:
There are currently no known outstanding effects for the National Loans Act 1968, SCHEDULE 1.
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Section 2.
SCHEDULE 1U.K. Government Lending and Advances
| Section | Subject matter | Amendment |
|---|---|---|
| F1... | F1... | F1... |
| Coal Industry Nationalisation Act 1946 (1946 c. 59) | ||
| 28(1)(b) | Interest on loans to National Coal Board at rate directed by the Minister with approval of Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| 28(2) | Interest on loans to National Coal Board to be paid into Exchequer | Sums received under section 28(1)(b) shall be paid into the National Loans Fund, and not into Exchequer. |
| 34(1) | Loans to National Coal Board | For “Consolidated Fund” read “National Loan Fund”. |
| New Towns Act 1946 (1946 c. 68) | ||
| 12(1) | Advances to development corporations in Scotland on terms approved by the Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| 12(3) | Advances to development corporations | For “Consolidated Fund” read “National Loans Fund”. |
| 12(5), 13(4) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| F3... | F3... | F3... |
| Armed Forces (Housing Loans) Act 1949 (1949 c. 77) | ||
| 1(3)(a)(c) | Repayment out of Votes into Exchequer | For “Exchequer” read “National Loans Fund”. |
| Miscellaneous Financial Provisions Act 1950 (1950 c. 21) | ||
| 2(1) | Loans to Northern Ireland Government | For “Consolidated Fund of the United Kingdom” read “National Loans Fund”. |
| 2(3) | Repayment into Exchequer | For references to the Exchequer substitute references to the National Loans Fund. |
| Rate of interest to be [F2determined] in accordance with this Act. | ||
| Housing (Scotland) Act 1950 (1950 c. 34) | ||
| 94(1) | Advances to Scottish Special Housing Association on terms approved by the Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| 94(2) | Issue of advances out of Consolidated Fund | For “Consolidated Fund” read “National Loans Fund”. |
| 94(4) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| F4... | F4... | F4... |
| Finance Act 1956 (1956 c. 54) | ||
| 42(6) | Repayment of advances to nationalised industries | For “Exchequer” read “National Loans Fund”. |
| Electricity Act 1957 (1957 c. 48) | ||
| In section 15(7) (defining “Exchequer advances”) and throughout the rest of the Act, for “Exchequer advances” substitute “Government advances”. | ||
| F5... | F5... | F5... |
| Armed Forces (Housing Loans) Act 1958 (1958 c. 1—7 & 8 Eliz. 2.) | ||
| 2 | Method of repayment into Exchequer of issues under Armed Forces (Housing Loans) Act 1949 | For “Exchequer” read “National Loans Fund” throughout. |
| In subsection (2) of the said section 2 for the words from “be applied” to the end of the subsection substitute “be treated as a payment in satisfaction of an amount of principal”. | ||
| F6... | F6... | F6... |
| F7... | F7... | F7... |
| Covent Garden Market Act 1961 (1961 c. 49) | ||
| 40(1) | Advances to Covent Garden Market Authority | For “Consolidated Fund of the United Kingdom” read “National Loans Fund”. |
| 40(4) | Interest at a rate directed by the Minister with approval of Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| 40(6) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| F8... | F8... | F8... |
| Housing (Scotland) Act 1962 (1962 c. 46) | ||
| 11(5) | Advances to housing associations, and, through section 18(3), to Scottish special Housing Association | For “Consolidated Fund” read “National Loans Fund”. |
| 11(6) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| Transport Act 1962 (1962 c. 46) | ||
| 20(2) | Loans to Transport Boards bearing interest at rate directed by the Minister with approval of Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| 20(3) | Issue of loans out of Consolidated Fund | For “Consolidated Fund” read “National Loans Fund”. |
| 20(5)(6) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| 39(8) | Payment into Exchequer in respect of commencing capital debt | For “Exchequer” read “National Loans Fund”. |
| F9... | F9... | F9... |
| F10... | F10... | F10... |
| Harbours Act 1964 (1964 c. 40) | ||
| F11... | F11... | F11... |
| 11(1) | Loans for execution of harbour works etc. | For “Consolidated Fund” read “National Loans Fund”. |
| 43(1) | Loans under ss. 6 and 11 to bear interest at a rate directed by the Minister with approval of Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| 43(2) | Issue of loans out of Consolidated Fund | For “Consolidated Fund” read “National Loans Fund”. |
| 43(4)(5) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| Housing Act 1964 (1964 c. 56) | ||
| F12... | F12... | F12... |
| F12..., 10(4) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| Armed Forces (Housing Loans) Act 1965 (1965 c. 9) | ||
| Part II of Schedule | Section 1 of Armed Forces (Housing Loans) Act 1949 set out as amended | In section 1(3)(a)(c) for “Exchequer” read “National Loans Fund”. |
| F13... | F13... | F13... |
| [F14New Towns Act 1981 (1981 c. 64)] | ||
| [F1558(1)(5)(6)] | Loans to development corporations and the Commission for the New Towns on terms approved by Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| F16... | F16... | F16... |
| F17... | F17... | F17... |
| Military Aircraft (Loans) Act 1966 (1966 c. 15) | ||
| 1(1) | Issues for the purchase of military aircraft etc. | For “Consolidated Fund” read “National Loans Fund”. |
| 2(1) | Repayment out of Votes into Exchequer | For “Exchequer” read “National Loans Fund”. |
| Docks and Harbours Act 1966 (1966 c. 28) | ||
| 41(9)(10) | Payment into Exchequer of amounts in respect of debt assumed under a harbour revision order or harbour reorganisation scheme | For “Exchequer” read “National Loans Fund”. |
| F18... | F18... | F18... |
| Tees and Hartlepools Port Authority Act 1966 (c. xxv) | ||
| 32(6)(7) | Repayment out of Votes into Exchequer | For “Exchequer” read “National Loans Fund”. |
| Rate of interest to be [F2determined] in accordance with this Act. | ||
| Land Commission Act 1967 (1967 c. 1) | ||
| 3(1) | Government Loans to Land Commission | For “Consolidated Fund” read “National Loans Fund”. |
| 3(4) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| Rate of interest to be [F2determined] in accordance with this Act. | ||
| F19... | F19... | F19... |
| Air Corporations Act 1967 (1967 c. 33) | ||
| 8(2) | Loans to air corporations bearing interest at rate directed by Board of Trade with approval of the Treasury | Rate of interest to be [F2determined] in accordance with this Act. |
| 8(3) | Issue of loans out of Consolidated fund | For “Consolidated Fund” read “National Loans Fund”. |
| 8(5)(6) | Repayment into Exchequer | For “Exchequer” read “National Loans Fund”. |
| F20... | ... | ... |
Textual Amendments
F1Entry relating to Tithe Act 1936 repealed by Finance Act 1977 (c. 36), s. 59(5), Sch. 9 Pt. V and Finance Act 1989 (c. 26, SIF 99:3), s. 187, Sch. 17 Pt. XIV
F2Word substituted by Finance Act 1982 (c. 39, SIF 99:3), s. 153(2)
F3Entry relating to Gas Act 1948 repealed by Gas Act 1972 (c. 60), s. 49(4), Sch. 8
F4Entry relating to Sugar Act 1956 repealed by European Communities Act 1972 (c. 68), s. 3, Sch. 3 Pt. II and Agriculture (Miscellaneous Provisions) Act 1976 (c. 55), s. 26(3), Sch. 4 Pt. I
F5Entry relating to Housing (Financial Provisions) Act 1958 repealed by Housing (Consequential Provisions) Act 1985 (c. 71, SIF 61), s. 3, Sch. 1 Pt. I
F6Entry relating to House Purchase and Housing Act 1959 repealed by Housing (Consequential Provisions) Act 1985 (c. 71, SIF 61), s. 3, Sch. 1 Pt. I
F7Entry relating to Post Office Act 1961 repealed by 1969 c. 48, s. 141, Sch. 11 Pt. II
F8Entry relating to Housing Act 1961 repealed by Housing (Consequential Provisions) Act 1985 (c. 71, SIF 61), s. 3, Sch. 1 Pt. I
F9Entry relating to Electricity and Gas Act 1963 repealed by Electricity Act 1989 (c. 29, SIF 44:1), s. 112(3)(4), Sch. 17 para. 35(1), Sch. 18
F10Entry relating to the Shipbuilding Credit Act 1964 repealed by Statute Law (Repeals) Act 1986 (c. 12), s. 1(1), Sch. 1 Pt. III
F11Entry relating to section 6(1)(b) of the Harbours Act 1964 repealed by Transport Act 1981 (c. 56, SIF 58), s. 40, Sch. 12 Pt. II
F12Entries relating to section 9(1)(3)(5) of Housing Act 1964 repealed by Housing Act 1974 (c. 44), s. 130, Sch. 15
F13Entry relating to Airports Authority Act 1965 repealed by Airports Authority Act 1975 (c. 78), s. 25(3), Sch. 6
F14Entry heading "New Towns Act 1981" substituted for "New Towns Act 1965" by virtue of New Towns Act 1981 (c. 64, SIF 123:3), s. 81, Sch. 12 para. 2
F15 Reference to section “58(1)(5)(6)” substituted for “42(1)(4)(5)” in entry relating to New Towns Act 1981 by New Towns Act 1981 (c. 64, SIF 123:3), s. 81, Sch. 12 para. 2(a)
F16References to sections 44(1)(3), 45, 46(5) in entry relating to New Towns Act 1981 repealed by New Towns Act 1981 (c. 64, SIF 123:3), s. 81, Sch. 12 para. 2(b), Sch. 13
F17Entry relating to Redundancy Payments Act 1965 repealed by Employment Protection (Consolidation) Act 1978 (c. 44), s. 159(3), Sch. 17
F18Entry relating to Industrial Reorganisation Corporation Act 1966 repealed by Industry Act 1971 (c. 17), s. 3(2), Sch. 2
F19Entry relating to Iron and Steel Act 1967 repealed by Iron and Steel Act 1975 (c. 64), s. 38(3), Sch. 7
F20Entry relating to Shipbuilding Industry Act 1967 repealed by Industry Act 1972 (c. 63), s. 19(3), Sch. 4 Pt. II
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