LegalizeThe Civil Aviation Authority (Borrowing Powers) Order 1995
Made: 11th May 1995
Coming into force: 11th May 1995
Now, therefore, the Secretary of State for Transport, in exercise of the powers conferred by section 10(6) of the Civil Aviation Act 1982[^f00001] and of all other powers enabling him in that behalf, hereby makes the following Order:—
1
This Order may be cited as the Civil Aviation Authority (Borrowing Powers) Order 1995 and shall come into force forthwith.
2
The sum of £550 million is hereby specified for the purposes of section 10(6) of the Civil Aviation Act 1982, as the aggregate amount in respect of money borrowed and initial debt which shall not be exceeded.
Signed
Signed by authority of the Secretary of State for Transport
Goschen — Parliamentary Under Secretary of State, — 11th May 1995
Explanatory note
(This note is not part of the Order)
This Order increases the maximum amount of the principal of the Civil Aviation Authority’s outstanding borrowing from £500 million to £550 million.
Footnotes
[^f00001]: 1982 c. 16; section 10 was amended by the Civil Aviation Authority (Borrowing Powers) Act 1990 (c. 2).
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