SCHEDULE 11Minor And Consequential Amendments
The Local Government (Miscellaneous Provisions) Act 1976
47
“(4A)
A charge under subsection (4) above takes effect from the date when the council makes the payment referred to in that subsection and, for the purposes of enforcing a charge,—
(a)
the council shall have the same powers and remedies, under the Law of Property Act 1925 and otherwise, as if it were a mortgagee by deed having powers of sale and lease, of accepting surrenders of leases and, subject to paragraph (b) below, of appointing a receiver; and
(b)
the power to appoint a receiver shall be exercisable at any time after the expiry of one month from the date when the charge takes effect.”
48
In section 40 of that Act (local authorities not affected by trusts attaching to certain securities issued by them), in subsection (1) after the word “officer” there shall be inserted “or other person”.