{
  "url": "https://openlegislation.uk/statutory-corporations-financial-provisions-act-1975/section-5",
  "json_url": "https://openlegislation.uk/statutory-corporations-financial-provisions-act-1975/section-5.json",
  "legislation": "ukpga/1975/55",
  "legislation_title": "Statutory Corporations (Financial Provisions) Act 1975",
  "legislation_url": "https://openlegislation.uk/statutory-corporations-financial-provisions-act-1975",
  "path": "section/5",
  "kind": "section",
  "number": "5",
  "heading": "Miscellaneous provisions as to borrowing in public sector.",
  "text": "(1) In the case of any of the bodies corporate specified in Schedule 2 to this Act, its power to borrow money in a currency other than sterling shall not be subject to any statutory restriction as to the persons from whom, or the terms on which, it may borrow; but the power shall be exercisable only with the consent of the Secretary of State and that consent shall require the Treasury’s approval.\n(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 5 repealed (E.W.) (1.4.2009) by Housing Corporation (Dissolution) Order 2009 (S.I. 2009/484), art. 1(3), Sch. 2"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Ss. 5(2), 6(1) repealed by Electricity Act 1989 (c. 29, SIF 44:1), s. 112(3)(4), Sch. 17 para. 35(1), Sch. 18"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1975/55/section/5",
    "retrieved_at": "2026-10-29T10:36:57.416556+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}