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The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020
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- UK Statutory Instruments
- 2020 No. 176
- SCHEDULE 1
- Paragraph 19
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Public Works Loans Act 1875
19.—(1) Section 20 (securities to be taken in name of secretary) is amended as follows.
(2) In the heading for “secretary” substitute “the Public Works Loans Secretary”.
(3) For “any loan granted by the Loan Commissioners in pursuance of this Act” substitute “any local loan”.
(4) For “secretary of the Commissioners on their behalf” substitute “Public Works Loans Secretary”.
(5) For “to the Commissioners” substitute “to the Treasury”.
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