# New Towns and Urban Development Corporations Act 1985, Paragraph 8

Extent: E+W

In section 58 of that Act (capital expenditure and revenue account advances)—
(a) in subsections (1) and (5), for the words “and on such terms" there shall be substituted the words “, carrying interest at such rates and on such other terms"; and
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
and in section 61(1) the following words (to the same effect), that is to say, the words from “at a rate of interest" to the end shall be omitted.

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Source: https://www.legislation.gov.uk/ukpga/1985/5/schedule/3/paragraph/8 (the official version)
Page: https://openlegislation.uk/new-towns-and-urban-development-corporations-act-1985/schedule-3/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.