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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order makes minor amendments to the Public Airport Companies (Capital Finance) Order 1990, which sets out the effects of the capital financing transactions of public airport companies and their subsidiaries for the local authority which is the “controlling authority”.

The Schedule to the 1990 Order specifies which local authority is to be treated as the controlling authority in cases where public airport companies are controlled jointly by more than one local authority.

This Order amends the Schedule to the 1990 Order to take account of a change of name of the company operating Bournemouth Airport and of the restructuring of Gloucestershire Airport as a public airport company.