In subsection (1) the references to the Local Authorities Loans Act 1956 and section 20 of that Act were substituted, as from 1 April 1957, for references to the Local Bodies Finance Act 1921-22, and section 3 of that Act by section 135(1) Local Authorities Loans Act 1956 (1956 No 63).
In subsection (5) the references to section 122 Local Authorities Loans Act 1956 and sections 123 and 124 of that Act were substituted, as from 1 April 1957, for references to section 59 Local Bodies’ Loans Act 1926 and sections 60 and 61 of that Act respectively by section 135(1) Local Authorities Loans Act 1956 (1956 No 63).
Section 14 was repealed, as from 1 July 1998, by section 16(1) Local Government Amendment Act (No 3) 1996 (1996 No 83).