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SOLR_PROP

Turf Development Act, 1983

Amendment of section 1 of Turf Development Act, 1957.

1. Section 1 of the Turf Development Act, 1957 (which relates to certain borrowing powers of the Board) is hereby amended by the substitution in subsection (4) of “one hundred and eighty million pounds” for “one hundred million pounds” (inserted by the Turf Development Act, 1980 ), and that subsection, as so amended, is set out in the Table to this section.

TABLE

(4) The total of the sums advanced to the Board under section 53 of the Turf Development Act, 1946 (No. 10 of 1946), and any moneys borrowed under this section shall not exceed £180,000,000.