Paragraph 5

Schedule 3 shall have effect as if—

(a)

paragraphs 1 to 9 were omitted;

(b)

in paragraph 10(1), for the words “1st April 1990" wherever they appear, there were substituted the words “23rd November 1995";

(c)

after paragraph 10(1) the following sub-paragraph were inserted—

“(1A)
Subject to the provisions of paragraphs 11, 12, 13 and 14 below, a National Park authority’s credit ceiling on 23rd November 1995 shall be nil”;

(d)

in paragraphs 11, 12, 13 and 14, for the words “1st April 1990" wherever they appear, there were substituted the words “23rd November 1995"; and

(e)

in paragraph 15—

(i)

in sub-paragraph (1), after the word “sub-paragraphs" there were inserted the word “(1A)", and after the word “principal" there were inserted the words “(“the principal amount")"; and

(ii)

after sub-paragraph (1), the following sub-paragraph were inserted—

“(1A)
For the financial year commencing on 1st April 1995 the principal amount for a National Park authority shall be nil.”.