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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 78
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Local Government and Housing Act 1989
78.—(1) Section 157 (commutation of, and interest on, periodic payments of grants etc) is amended as follows.
(2) In subsection (1)(b) –
(a)for “Public Works Loan Commissioners” substitute “Treasury, in respect of local loans made under section 3 of the National Loans Act 1968”; and
(b)for “those Commissioners” substitute “the Treasury”.
(3) In subsection (2) –
(a)for “Public Works Loan Commissioners” substitute “Treasury”; and
(b)for “those Commissioners” substitute “the Treasury”.
(4) In subsection (7) –
(a)in the words before paragraph (a) for “Public Works Loan Commissioners” substitute “Treasury”; and
(b)in paragraph (a) for “those Commissioners” substitute “the Treasury”.
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