OpenLegislation

Introductory text

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TRANSPORT

RAILWAYS

Made 7th March 1996

Laid before Parliament 8th March 1996

Coming into force 29th March 1996

Whereas Railtrack plc is a successor company for the time being wholly owned by the Crownf1;

And whereas the loans specified in the Schedule to the following Order are relevant loans for the purposes of section 106 of the Railways Act 1993f2;

Now, therefore, the Secretary of State, in exercise of the powers conferred by section 106(1) of the Railways Act 1993, and with the consent of the Treasuryf3, hereby makes the following Order:—

Annotations

Footnotes

f1

“Successor company” and “wholly owned by the Crown” have the meaning given by section 116(1) and section 151(2), respectively, of the Railways Act 1993 (c. 43).

f2

1993 c. 43; “relevant loan” has the meaning given by section 106(11).

f3

See section 106(10).