(1) Section 19 of the Iron and Steel Act 1975 (limit on Increase in aggregate of money borrowed by British Steel Corporation and powers of publicly-owned companies and of money invested in Corporation fritish Steel by Secretary of State) shall be amended as follows. Corporation
(2) In subsection (2) (as inserted by section 2(2) of the Iron sons ©. 64 and Steel (Amendment) Act 1976) for “£3,000 million” and 1976 c. 41. “£4,000 million” there shall be substituted, respectively, ao * £4,750 million ” and ‘‘ £5,500 million ”.
1978 c. 41
Iron and Steel (Amendment) Act 1978 (1978 c. 41)
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(1) This Act may be cited as the Iron and Steel (Amend- Short title etc. ment) Act 1978.
(2) The Iron and Steel (Borrowing Powers) Order 1977 is 8.1. 1977/1267. hereby revoked.
Cite this legislation
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- 1978 c. 41
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- legislation.gov.uk
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- OGL-3 ↗
Iron and Steel (Amendment) Act 1978 (legislation.gov.uk, OGL-3). Retrieved via LawPlayer, https://lawplayer.com/uk/act/ukpga-1978-41
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