{
  "url": "https://openlegislation.uk/commonwealth-development-corporation-act-1995-repealed-8121999/section-1",
  "json_url": "https://openlegislation.uk/commonwealth-development-corporation-act-1995-repealed-8121999/section-1.json",
  "legislation": "ukpga/1995/9",
  "legislation_title": "Commonwealth Development Corporation Act 1995 (repealed 8.12.1999)",
  "legislation_url": "https://openlegislation.uk/commonwealth-development-corporation-act-1995-repealed-8121999",
  "path": "section/1",
  "kind": "section",
  "number": "1",
  "heading": "Alteration of limits on borrowing etc.",
  "text": "(1) In section 9A(2) of the Commonwealth Development Corporation Act 1978 (which imposes a limit of £750 million, or such larger sum not exceeding £850 million as may be specified by order, on the total amount outstanding in respect of sums borrowed or guaranteed by the Corporation or any of its subsidiaries)—\n(a) for “£750 million” there shall be substituted “ £1,100 million ”; and\n(b) for “£850 million” there shall be substituted “ £1,500 million ”.\n(2) In subsection (1) of section 10 of that Act (which provides for the making of advances by the Secretary of State to the Corporation up to a certain limit), the words “up to” onwards shall cease to have effect.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "1978 c. 2."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1995/9/section/1",
    "retrieved_at": "2026-10-29T09:33:19.037696+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}