Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
As published
37A Other borrowing powers of development corporations.
(1) Subject to section 60 of the New Towns Act 1981 , a development corporation may borrow temporarily, by way of overdraft or otherwise, either–
(a) in sterling from the Secretary of State, or
(b) with the consent of the Secretary of State and the approval of the Treasury, or in accordance with any general authority given by the Secretary of State with the approval of the Treasury, in any currency from any other person,
such sums as the development corporation may require for meeting their obligations or performing their functions.
(2) With the consent of the Secretary of State and the approval of the Treasury, a development corporation may, subject to section 60 of the New Towns Act 1981 , borrow, otherwise than by way of temporary loan,—
(a) in any currency from the commission of the European Union or from the European Investment Bank, or
(b) in any currency other than sterling from any person, other than the Secretary of State and the bodies mentioned in the preceding paragraph,
such sums as they may require for enabling them to meet expenditure properly chargeable to capital account (including the provision of working capital), or to make good to revenue account sums applied in meeting liabilities so chargeable.
Your change, as a redline
37A Other borrowing powers of development corporations.
(1) Subject to section 60 of the New Towns Act 1981 , a development corporation may borrow temporarily, by way of overdraft or otherwise, either–
(a) in sterling from the Secretary of State, or
(b) with the consent of the Secretary of State and the approval of the Treasury, or in accordance with any general authority given by the Secretary of State with the approval of the Treasury, in any currency from any other person,
such sums as the development corporation may require for meeting their obligations or performing their functions.
(2) With the consent of the Secretary of State and the approval of the Treasury, a development corporation may, subject to section 60 of the New Towns Act 1981 , borrow, otherwise than by way of temporary loan,—
(a) in any currency from the commission of the European Union or from the European Investment Bank, or
(b) in any currency other than sterling from any person, other than the Secretary of State and the bodies mentioned in the preceding paragraph,
such sums as they may require for enabling them to meet expenditure properly chargeable to capital account (including the provision of working capital), or to make good to revenue account sums applied in meeting liabilities so chargeable.
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