# National Loans Act 1968, Paragraph 1

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

Loans to any local authority for any purpose for which the authority have power to borrow, whether by virtue of any enactment or otherwise.
In this paragraph “local authority” means—
(a) in relation to England and Wales—
(i) a billing authority or a precepting authority, as defined in section 69 of the Local Government Finance Act 1992;
(ia) a fire and rescue authority in Wales constituted by a scheme under section 2 of the Fire and Rescue Services Act 2004 or a scheme to which section 4 of that Act applies;
(ib) a corporate joint committee established by regulations under Part 5 of the Local Government and Elections (Wales) Act 2021 (asc 1);
(ii) a levying body within the meaning of section 74 of the Local Government Finance Act 1988; ...
(iii) a body as regards which section 75 of that Act applies; and ...
(iv) a functional body, within the meaning of the Greater London Authority Act 1999 ...
(v) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) any port health authority or joint board constituted by an order under the Public Health Act 1936, or under any enactment repealed by that Act,
(c) in Scotland—
(i) any local authority within the meaning of the Local Government (Scotland) Act 1973;
(ii) any joint board or committee within the meaning of that Act; and
(iii) any other authority having the power to requisition any sum from any such local authority.

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Source: https://www.legislation.gov.uk/ukpga/1968/13/schedule/4/paragraph/1 (the official version)
Page: https://openlegislation.uk/national-loans-act-1968/schedule-4/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.