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New Towns Act 1953

As Enacted Cited authorities 2 Cited in Amendments 2 Related
Vincent
JurisdictionUK Non-devolved


New Towns Act, 1953

(1 & 2 Eliz. 2) CHAPTER 38

An Act to increase the amount of the advances which may be made to development corporations under section twelve of the New Towns Act, 1946.

[31st July 1953]

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 Advances to development corporations.

1 Advances to development corporations.

1. In the proviso to subsection (1) of section twelve of the New Towns Act, 1946, as amended by the New Towns Act, 1952, (which, as so amended, limits to one hundred million pounds the aggregate amount of advances which may be made to development corporations under that subsection for defraying expenditure properly chargeable to capital account) for the words ‘one hundred million pounds’ there shall be substituted the words ‘one hundred and fifty million pounds’.

S-2 Short title and citation.

2 Short title and citation.

2. This Act may be cited as theNew Towns Act, 1953, and the New Towns Acts, 1946 and 1952, and this Act may be cited together as the New Towns Acts, 1946 to 1953.

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