# UK Infrastructure Bank Act 2023, Section 10: Interpretation

Extent: E+W+S+N.I.

In this Act—
“activities”, in relation to the Bank, has the meaning given by section 2(4);
“appropriate national authority” means—
(a) the Scottish Ministers,
(b) the Welsh Ministers, or
(c) the Department for Infrastructure in Northern Ireland;
“financial assistance” includes assistance provided by way of loan, guarantee, indemnity, participation in equity financing and any other kind of financial assistance (actual or contingent);
“infrastructure” has the meaning given by section 2(6);
“local authority”—
(a) in relation to England and Wales and Scotland, has the same meaning as in paragraph 1 of Schedule 4 to the National Loans Act 1968;
(b) in relation to Northern Ireland, means a district council;
“objectives”, in relation to the Bank, has the meaning given by section 2(3);
“public authorities” means local authorities, Northern Ireland departments and any other person exercising functions of a public nature.

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Source: https://www.legislation.gov.uk/ukpga/2023/10/section/10 (the official version)
Page: https://openlegislation.uk/uk-infrastructure-bank-act-2023/section-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

