OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note does not form part of the Order)

This Order suspends for the period 13th November 1992 to 31st December 1993 the requirement of article 3 of the Passenger Transport Executives (Capital Finance) Order 1990 for an amount of credit cover to be available to Passenger Transport Authorities in respect of 50 % of the amounts of capital receipts of and consideration for disposals by their Passenger Transport Executives, other than receipts from the disposal of share or loan capital in a body corporate.