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Enterprise and New Towns (Scotland) Act 1990

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Changes over time for: Cross Heading: Borrowing by wholly owned subsidiaries

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Version Superseded: 01/07/1999

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Point in time view as at 01/08/1995.

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There are currently no known outstanding effects for the Enterprise and New Towns (Scotland) Act 1990, Cross Heading: Borrowing by wholly owned subsidiaries. Help about Changes to Legislation

Borrowing by wholly owned subsidiariesS

4It shall be the duty of Scottish Enterprise to secure that no wholly owned subsidiary of that body borrows money otherwise than from the body, or from another wholly owned subsidiary of the body, except with the consent of the Secretary of State and the approval of the Treasury.

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