Government loans

Rates of interest on government loans to district councils, etc.5

In Schedule 2 to the Financial Provisions (Northern Ireland) Order 1983F1 , (provisions deemed to be included in agreements for government loans to district councils, etc.), in paragraph (b) (rates of interest)—

a

in sub‐paragraph (i) (single advance), for the words “when the loan is advanced” there shall be substituted the words “ when the application for the advance is received by the Department ”;

b

in sub‐paragraph (ii) (several advances), for the words “when that advance is issued” there shall be substituted the words “ when the application for that advance is received by the Department ”.