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The Railways Act 1993 (Extinguishment of Relevant Loans) (Railtrack plc) Order 1996

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1.  This Order may be cited as the Railways Act 1993 (Extinguishment of Relevant Loans) (Railtrack plc) Order 1996 and shall come into force on 29th March 1996.

2.  All of Railtrack plc’s liabilities in respect of the principal of the relevant loans specified in the Schedule to this Order are hereby extinguished.

Signed by authority of the Secretary of State for Transport

John Watts

Minister of State,

Department of Transport

6th March 1996

We consent to the making of this Order

Derek Conway

Simon Burns

Two of the Lords Commissioners of Her Majesty’s Treasury

7th March 1996

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