SCHEDULES

SCHEDULE 5Amendments of the New Towns Act 1981

I120

1

Section 67 (accounts of Commission and development corporations) is amended as follows.

2

In the heading, omit “Commission and”.

3

In subsection (1)—

a

omit “The Commission and”,

b

in paragraph (b), omit “respectively”, and

c

omit the words from “being, in the Commission's case” in paragraph (b) to the end of the subsection.

4

Omit subsection (1A).

5

In subsection (2)—

a

omit “of the Commission and”, and

b

omit “or the Commission” wherever appearing.

6

In subsection (3)—

a

omit “the Commission or”, and

b

in paragraph (a), for “they are” substitute “ it is ”.