Section 8 Execution of conveyances, leases, &c., by the Public Works Loans Secretary on behalf of the Treasury.F6C1
United Kingdom
All conveyances, leases, mortgages, releases, arrangements, and things which the F1Treasury are authorised by this Act to grant, execute, make, or concur in, and all powers, acts, and things which the Treasury are authorised by this Act to exercise, do, or concur in, in relation to any mortgaged property or rate, may be granted, executed, made, concurred in, exercised, and done by F2the Public Works Loans Secretary for the time being under their direction, and when so granted, executed, made, concurred in, exercised, and done by F3the Public Works Loans Secretary, shall be deemed to have been granted, executed, made, concurred in, exercised, and done by him F4under the direction of the Treasury, unless the contrary is shown by some person interested in contesting the validity thereof.
Any property, chose in action, estate, interest, powers, authorities, and privileges vested in or exerciseable by F5the Public Works Loans Secretary in pursuance of this Act shall be dealt with and exercised by him under the direction of the Treasury and not otherwise.
Annotations
Textual amendments
- F1
Word in s. 8 substituted (25.2.2020) by The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 (S.I. 2020/176), art. 1(2), Sch. 1 para. 13(3) (with art. 9)
- F2
Words in s. 8 substituted (25.2.2020) by The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 (S.I. 2020/176), art. 1(2), Sch. 1 para. 13(4) (with art. 9)
- F3
Words in s. 8 substituted (25.2.2020) by The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 (S.I. 2020/176), art. 1(2), Sch. 1 para. 13(5) (with art. 9)
- F4
Words in s. 8 substituted (25.2.2020) by The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 (S.I. 2020/176), art. 1(2), Sch. 1 para. 13(6) (with art. 9)
- F5
Words in s. 8 substituted (25.2.2020) by The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 (S.I. 2020/176), art. 1(2), Sch. 1 para. 13(7) (with art. 9)
- F6
Words in s. 8 heading substituted (25.2.2020) by The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 (S.I. 2020/176), art. 1(2), Sch. 1 para. 13(2) (with art. 9)
Modifications
- C1
S. 8 amended by Public Works Loans Act 1965 (c. 63), Sch. para. 3