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Civil Aviation Authority (Borrowing Powers) Act 1990

Type Public General Act

Publication 1990-03-19

State In force

Department Statute Law Database

Source legislation.gov.uk

Reform history JSON API

Borrowing powers of Civil Aviation Authority

1

(1) Section 10 of the Civil Aviation Act 1982 (borrowing powers of Civil Aviation Authority) shall be amended as follows.

(2) In subsection (6) for the words “£200 million” there shall be substituted the words “£500 million or such greater sum not exceeding £750 million as may from time to time be specified by an order made by the Secretary of State; but no such order shall be made unless a draft of it has been laid before and approved by a resolution of the House of Commons.”

(3) After subsection (6) there shall be inserted—

(7) In subsection (3) above the reference to a currency other than sterling includes a reference to units of account defined by reference to more than one currency.

Short title

2

This Act may be cited as the Civil Aviation Authority (Borrowing Powers) Act 1990.

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