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SCHEDULE 1Consequential provisions – primary legislation

Local Government and Housing Act 1989

78.—(1) Section 157 (commutation of, and interest on, periodic payments of grants etc) is amended as follows.

(2) In subsection (1)(b) –

(a)for “Public Works Loan Commissioners” substitute “Treasury, in respect of local loans made under section 3 of the National Loans Act 1968”; and

(b)for “those Commissioners” substitute “the Treasury”.

(3) In subsection (2) –

(a)for “Public Works Loan Commissioners” substitute “Treasury”; and

(b)for “those Commissioners” substitute “the Treasury”.

(4) In subsection (7) –

(a)in the words before paragraph (a) for “Public Works Loan Commissioners” substitute “Treasury”; and

(b)in paragraph (a) for “those Commissioners” substitute “the Treasury”.