# Transport Act 1968, Paragraph 1


Each of the new authorities shall severally assume a commencing capital debt due to the Minister of such amount respectively as the Minister may by order prescribe; and subsections (6) and (8) of section 39 of the Act of 1962 shall apply to that debt as they apply to the commencing capital debts of the Boards.

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Source: https://www.legislation.gov.uk/ukpga/1968/73/schedule/2/paragraph/1 (the official version)
Page: https://openlegislation.uk/transport-act-1968/schedule-2/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.