Civil Aviation Authority (Borrowing Powers) Act 1990
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Change 1
1 Borrowing powers of Civil Aviation Authority.
(1) Section 10 of the Civil Aviation Act 1982 (borrowing powers of Civil Aviation Authority) shall be amended as follows. (2) In subsection (6) for the words “£200 million” there shall be substituted the words “ £500 million or such greater sum not exceeding £750 million as may from time to time be specified by an order made by the Secretary of State; but no such order shall be made unless a draft of it has been laid before and approved by a resolution of the House of Commons. ” (3) After subsection (6) there shall be inserted— (7) In subsection (3) above the reference to a currency other than sterling includes a reference to units of account defined by reference to more than one currency.
1 Borrowing powers of Civil Aviation Authority.
(1) Section 10 of the Civil Aviation Act 1982 (borrowing powers of Civil Aviation Authority) shall be amended as follows. (2) In subsection (6) for the words “£200 million” there shall be substituted the words “ £500 million or such greater sum not exceeding £750 million as may from time to time be specified by an order made by the Secretary of State; but no such order shall be made unless a draft of it has been laid before and approved by a resolution of the House of Commons. ” (3) After subsection (6) there shall be inserted— (7) In subsection (3) above the reference to a currency other than sterling includes a reference to units of account defined by reference to more than one currency.
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