New Towns (Scotland) Act 1968
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Change 1
36E Reduction of liability of development corporation.
(1) If the Secretary of State is satisfied that it is expedient, having regard to the provisions of any transfer order or proposed transfer order, that the liability of a development corporation in respect of advances made to them under this Act should be reduced he may, by order made with the consent of the Treasury, reduce that liability to such extent as may be specified in the order. (2) Section 46(6) of this Act applies to orders under this section.
36E Reduction of liability of development corporation.
(1) If the Secretary of State is satisfied that it is expedient, having regard to the provisions of any transfer order or proposed transfer order, that the liability of a development corporation in respect of advances made to them under this Act should be reduced he may, by order made with the consent of the Treasury, reduce that liability to such extent as may be specified in the order. (2) Section 46(6) of this Act applies to orders under this section.
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