Local Authorities Loans Act 1945
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Change 1
2 Amendment of Public Works Loans Act 1875. 1875 c. 89.
(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) Section eleven of the said Act (which, as amended by subsequent enactments, provides that a local loan shall be repayable within a period not exceeding the period authorised by a special Act relating to the loan or, if no period be so authorised, not exceeding fifty years) shall have effect, in relation to a loan made to a local authority for any . . . purpose, as if a period authorised for the repayment of the loan by or under the enactment authorising the authority to borrow for that purpose were the period authorised by a special Act relating to the loan. (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Amendment of Public Works Loans Act 1875. 1875 c. 89.
(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) Section eleven of the said Act (which, as amended by subsequent enactments, provides that a local loan shall be repayable within a period not exceeding the period authorised by a special Act relating to the loan or, if no period be so authorised, not exceeding fifty years) shall have effect, in relation to a loan made to a local authority for any . . . purpose, as if a period authorised for the repayment of the loan by or under the enactment authorising the authority to borrow for that purpose were the period authorised by a special Act relating to the loan. (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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