New Towns (Scotland) Act 1968 (c. 16)

Transfer of property and undertakings of development corporations, and their dissolution S

[F1 36H Financial consequences of winding up. S

Any surplus arising from the winding up of a development corporation shall be paid into the Exchequer and any deficit shall be defrayed out of money provided by Parliament.]

Textual Amendments

F1 Ss. 36–36H substituted for sections 36 and 36A by Enterprise and New Towns (Scotland) Act 1990 (c. 35, SIF 64), s. 33