New Towns (Scotland) Act 1968

38 Provisions supplementary to s. 37.S

(1)The Treasury may issue to the Secretary of State out of the [F1National Loans Fund] such sums as are necessary to enable him to make advances to a development corporation under section 37(1) of this Act.

(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

(3)Any sums received by the Secretary of State by way of repayment of or interest on advances under section 37(1) of this Act shall be paid into the [F1National Loans Fund]; and the Secretary of State shall lay before each House of Parliament a statement of any sums payable to him by way of repayment of or interest on any such advances and not duly received by him.

(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

Textual Amendments

F1Words substituted by S.I. 1969/453

F2S. 38(2), (4) repealed by S.I. 1969/453