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The British Waterways Board (Limit for Borrowing) Order 2001

Draft. This instrument was laid in draft and may differ from the one made. Look for the made version under its title.

Draft 2001, ISBN 0110286898

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Draft Order laid before the House of Commons under section 19(3A) of the Transport Act 1962, for approval by resolution of the House of Commons.

TRANSPORT

Made 2001

Coming into force 2001

The Secretary of State, in exercise of his powers under section 19(3)(iv) of the Transport Act 1962f1, hereby makes the following Order, a draft of which has, in accordance with section 19(3A) of that Act, been approved by resolution of the House of Commons:

Annotations to the whole text

Footnotes

f1

1962 c. 46; section 19 was amended by the Transport Act 1968 (c . 73), section 165(a), Schedule 18 Part I; the Transport (London) Act 1969 (c. 35), section 47(2), Schedule 6; the Transport (Financial Provisions) Act 1977 (c. 20), section 3(2)(a); the Water Act 1981 (c. 12), section 1(1) and (2); and the Transport Act 1981 (c. 56), Schedule 12, Part I. Section 19 is amended with effect from 1st April 2001 in connection with sums borrowed for discharging functions within Scotland by paragraph 2(11) of Schedule 2 to the Scotland Act (Cross-Border Public Authorities) (Adaptation of Functions etc.) (No. 2) Order 2000 (S.I. 2000/3251).

Contents

  1. 1Citation and commencement
  2. 2Specified limit of borrowing
  3. 3Revocation
  4. Signature
  5. Explanatory note

1Citation and commencement

This Order may be cited as the British Waterways Board (Limit for Borrowing) Order 2001 and shall come into force on the day following the day on which it is made.

2Specified limit of borrowing

£35 million is hereby specified for the purposes of section 19(3)(iv) of the Transport Act 1962.

3Revocation

The British Waterways Board (Limit for Borrowing) Order 1983f1 is revoked.

Signature

Signed by authority of the Secretary of State

Parliamentary Under-Secretary of State,

Department of the Environment, Transport and the Regions

2001

Explanatory note

(This note is not part of the Order)

This Order increases the borrowing limit of the British Waterways Board from £30 million to £35 million, and revokes an earlier order fixing that limit.