SCHEDULE 1Consequential provisions – primary legislation
Housing Associations Act 198572
1
Section 68 (loans by Public Works Commissioners) is amended as follows.
2
For the heading “Loans by Public Works Commissioners” substitute “Local loans made by the Treasury”.
3
For “Public Works Loan Commissioners” substitute “Treasury” in each place occurring.
4
After subsection (1) insert–
1A
Any loan made under subsection (1) is a local loan for the purposes of section 3 of the National Loans Act 1968 (see Schedule 4 to that Act).