Version Superseded: 12/01/2010
Point in time view as at 12/11/2009. This version of this provision has been superseded.
Marine and Coastal Access Act 2009, Section 34 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)The aggregate amount outstanding in respect of the principal of sums borrowed by the MMO must not at any time exceed £20 million.
(2)The Secretary of State may by order amend subsection (1) so as to substitute for the sum for the time being there specified such sum as may be specified in the order.
(3)The sum specified in an order under subsection (2) must be a sum—
(a)greater than £20 million, but
(b)not greater than £80 million.
(4)A statutory instrument containing an order under subsection (2) may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.
Commencement Information
I1S. 34 partly in force; s. 34 in force for specified purposes at Royal Assent see s. 324(1)(c)
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