Amendment of section 435 of the 1985 Act and consequential provision
10.—(1) Section 435 of the 1985 Act (power of local authorities to advance money) is amended in accordance with Part 1 of Schedule 2.
(2) Part 2 of that Schedule, which makes provision consequential on paragraph (1), shall have effect.
(3) Nothing in paragraph (1) or (2) affects advances made by a local authority under section 435(1)(d) of the 1985 Act (advances for altering, enlarging, repairing or improving houses or for facilitating repayment of previous loans) before the date on which this article comes into force.