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The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020
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- UK Statutory Instruments
- 2020 No. 176
- SCHEDULE 1
- Paragraph 18
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Public Works Loans Act 1875
18.—(1) Section 19 (charges on rate of loan and loan not to be repudiated by locality having had the benefit of it) is amended as follows.
(2) In the heading for “loan and loan” substitute “local loan and local loan”.
(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.
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