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The Port of Tyne Harbour Revision Order 2008 in England

S.I. 2008/1817 · Made 8 July 2008

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.

Harbours, Docks, Piers And Ferries

Made 8th July 2008

Coming into force 14th July 2008

The Port of Tyne Authority (“the Authority”) have applied for a harbour revision order under section 14 of the Harbours Act 1964f1.

The Secretary of State is the appropriate Minister under section 14(7)f2 of that Act and is satisfied as mentioned in section 14(2)(b) of that Act.

The Secretary of State in exercise of the powers conferred by that section and now vested in herf3 makes the following Order:

Annotations to the whole text

Footnotes

f1

1964 c.40; section 14 was amended by the Transport Act 1981 (c. 56), section 18 and Schedule 6, paragraphs 2 to 4(1) and 14, and section 40 and Schedule 12 (Part II), and by the Transport and Works Act 1992 (c. 42), section 63(1) and Schedule 3, paragraph 1.

f2

For the definition of “the Minister” (mentioned in section 14(7)) see section 57(1).

f3

S.I. 1981/238.

Contents

  1. 1Citation and commencement
  2. 2Borrowing powers
  3. 3Revocations
  4. Signature
  5. Explanatory note

1Citation and commencement

(1)

This Order may be cited as the Port of Tyne Harbour Revision Order 2008 and comes into force on 14th July 2008.

(2)

The Port of Tyne Reorganisation Scheme 1967 Confirmation Order 1968f1, the Port of Tyne Act 1970f2, the Port of Tyne Revision Order 1972f3, the Port of Tyne Authority (Constitution) Revision Order 1974f4, the Port of Tyne (North Shields Fish Harbour) Act 1974f5, the Port of Tyne Revision Order 1982f6, the Port of Tyne (Pilotage) Harbour Revision Order 1989f7, the Port of Tyne Act 1989f8, the Port of Tyne Act 1990f9, the Port of Tyne Harbour Revision Order 1998f10, the Port of Tyne Harbour Revision Order 2001f11 and this Order may be cited together as the Port of Tyne Acts and Orders 1968 to 2008.

2Borrowing powers

(1)

The Authority (including any subsidiary of the Authority) may from time to time borrow, by any methods they see fit, such sums of money as they think necessary for the purposes of meeting their obligations in carrying out their functions; and where moneys are borrowed by the Authority under this article, the Authority may, if they see fit, borrow those moneys upon the security of some or all of their assets for the time being or of some or all of their revenues or of some or all of both their assets and their revenues.

(2)

In this article “subsidiary” means a subsidiary formed under the Port of Tyne Act 1989.

3Revocations

The following are revoked—

(a)

Articles 59, 60 and 61 of the Port of Tyne Reorganisation Scheme 1967f1;

(b)

the Port of Tyne Revision Order 1972; and

(c)

the Port of Tyne Revision Order 1982.

Signature

Signed by authority of the Secretary of State for Transport

Richard Bennett

Head of Ports Division

Department for Transport

8th July 2008

Explanatory note

(This note is not part of the Order)

This Order amends the borrowing powers of the Port of Tyne Authority (“the Authority”).

The Authority’s borrowing powers and those of their subsidiaries were capped at £5 million for permanent borrowings and £4 million for temporary borrowings unless the Secretary of State consented in either case to a higher amount.

Article 2 authorises the Authority and their subsidiaries to borrow without any limit such sums of money as they think necessary.

Article 3 revokes the earlier borrowing powers.