Trade Loans (Guarantee) (Amendment) Act, 1954

Amendment of subsection (1) of section 7 of Principal Act.

2.—Subsection (1) of section 7 of the Principal Act (which, as amended by section 2 of the Act of 1953, imposes a limit of one million five hundred thousand pounds on the aggregate capital amount of loans granted or guaranteed) is hereby amended by the substitution of “two million five hundred thousand pounds” for “one million five hundred thousand pounds”.