# Banking Act 1987 (repealed), Paragraph 12

Extent: E+W+S+N.I.

Any sum borrowed by virtue of section 26(3) of the said Act of 1979 shall, so far as outstanding at the coming into force of Part II of this Act, be treated as having been borrowed under section 64 of this Act.

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Source: https://www.legislation.gov.uk/ukpga/1987/22/schedule/5/paragraph/12 (the official version)
Page: https://openlegislation.uk/banking-act-1987-repealed/schedule-5/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.