In paragraph 5 of Schedule 31 to the Local Government, Planning and Land Act 1980 (financial provisions relating to urban development corporations: guarantees), for sub-paragraph (3) substitute—

“(3)

Any sums required for fulfilling a guarantee under this paragraph shall be charged on and issued out of—

(a)

the Consolidated Fund, if required by the Treasury, or

(b)

the Welsh Consolidated Fund, if required by the Welsh Ministers.”