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The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020

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Local Government in Scotland Act 2003

85.—(1) Section 38 (Scottish ministers’ power to pay off loans made to local authorities) is amended as follows.

(2) In subsection (1) –

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

(b)for “Commissioners” substitute “Treasury” in both places occurring.

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