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Transport Act 1978

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Changes over time for: Cross Heading: National Freight Corporation (finance)

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Version Superseded: 13/03/2014

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Point in time view as at 01/02/1991.

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Transport Act 1978, Cross Heading: National Freight Corporation (finance) is up to date with all changes known to be in force on or before 24 May 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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National Freight Corporation (finance)U.K.

17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1U.K.

Textual Amendments

18 Capital grants.U.K.

(1)The Secretary of State may, with the approval of the Treasury, out of money provided by Parliament make grants to the National Freight Corporation in respect of any expenditure of a capital nature incurred or to be incurred during the period 1st July 1978 to 31st December 1981 by National Carriers Limited or any of its subsidiaries.

(2)Any grants under this section shall be made on such terms and conditions as the Secretary of State may with the approval of the Treasury determine; and the amounts of the grants shall be determined so that—

(a)the amount for the year 1980 is less than that for the year 1979, and the amount for the year 1981 is less than that for the year 1980; and

(b)the aggregate amount of the grants does not exceed £15 million.

19, 20.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2U.K.

Textual Amendments

F2Ss. 19, 20 repealed by Transport Act 1980 (c. 34), s. 58(1)(b), Sch. 9 Pt. II

21 Travel concessions for transferred employees.U.K.

The Secretary of State may, with Treasury approval, out of money provided by Parliament reimburse the National Freight Corporation to such extent as he considers appropriate, and on such terms as he may with that approval determine, in respect of amounts paid by N.F.C., N.C.L. or any subsidiary of N.C.L. to the British Railways Board and [F3the London Transport Executive][F3London Regional Transport] in connection with travel concessions afforded by them to employees transferred from the employment of the Board under the 1968 Act, or to widows or dependants of such employees.

Textual Amendments

F3 “London Regional Transport” substituted (E.W.) for “the London Transport Executive” by London Regional Transport Act 1984 (c. 32, SIF 126) , s. 71(3) ( a ), Sch. 6 para. 14

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