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Nationalised Industries Loans Act 1958

As Enacted Cited authorities 1 Cited in Amendments 3 Related
Vincent
JurisdictionUK Non-devolved
Citation1958 c. 19
Year1958


Nationalised Industries Loans Act, 1958

(6 & 7 Eliz. 2) CHAPTER 19

An Act to continue until the end of August, nineteen hundred and fifty-eight, the power to make advances under section forty-two of the Finance Act, 1956.

Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

S-1 Continuance of Exchequer advances to certain nationalised industries and undertakings.

1 Continuance of Exchequer advances to certain nationalised industries and undertakings.

1. In subsection (3) of section forty-two of the Finance Act, 1956(which limits to seven hundred million pounds the total of the advances which may be made under that section and prohibits the making of such advances after the end of March, nineteen hundred and fifty-eight) for the word ‘March’ there shall be substituted the word ‘August’.

S-2 Short title.

2 Short title.

2. This Act may be cited as theNationalised Industries Loans Act, 1958.

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