Part III The National Bus Company

Miscellaneous and supplementary

55 Reduction of assets of National Loans Fund.

The assets of the National Loans Fund shall be reduced by the aggregate amount by which the liability of the Bus company in respect of the principal of or any interest on sums lent to the Company by the Secretary of State under section 20 of the 1962 Act is extinguished under section 53 or 54 of this act.