SCHEDULE 1Consequential provisions – primary legislation
Housing (Scotland) Act 198774
1
Section 231 (loans by Public Works Loan Commissioners) is amended as follows.
2
In the heading for “Loans by Public Works Loan Commissioners” substitute “Local loans made by the Treasury”.
3
In subsection (1) for “Public Works Loan Commissioners” in both places occurring substitute “Treasury”.
4
After subsection (1) insert–
1A
Any loan made under subsection (1) is a local loan for the purposes of section 3 of the National Loans Act 1968 (see Schedule 4 to that Act).
5
In subsection (4)(c) for “Public Works Loan Commissioners” substitute “Treasury”.
6
In subsection (5) for “Public Works Loan Commissioners” substitute “Treasury”.