SCHEDULES

SCHEDULE 3 Borrowing and Lending by Local Authorities and Certain other Bodies and Certain of their Funds

Miscellaneous

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1

Subject to F1. . . sub-paragraph (2) below, the provisions of this Schedule shall, subject to any necessary modifications, apply to a joint board having power to borrow moneyF4, the Strathclyde Passenger Transport Authority and a Transport Partnership created by order under section 1 of the Transport (Scotland) Act 2005 as they apply to a local authority.

2

The Secretary of State may by regulations make such provisions as seem to him necessary or expedient with respect to the application of the provisions of this F5Schedule to—

F2a

a joint board; F6...

F3b

the Strathclyde Passenger Transport AuthorityF7, and

c

a Transport Partnership.

3

A statutory instrument containing regulations under this paragraph shall be subject to annulment in pursuance of a resolution of either House of Parliament.