Electricity (Supply) (Amendment) Act, 1961

Removal of limit on borrowing powers.

3.—Subject only to the limitation on borrowing imposed by section 2 of the Act of 1954 and section 2 of the Electricity (Supply) (Amendment) Act, 1955 , there shall be no limit to the total amount borrowed by the Board under section 4 of the Act of 1954 and, accordingly, subsection (4) of the said section 4 shall be repealed.