Public Works Loans Act 1964

Public Works Loans Act 1964[a]
Act of Parliament
coat of arms
Long titleAn Act to make further provision with respect to loans out of the Local Loans Fund, with respect to temporary borrowing by local authorities in Scotland and with respect to the re-borrowing powers of public authorities; to authorise an increase in the loans which may be made to the Government of Northern Ireland; and for connected purposes.
Citation1964 c. 9
Territorial extent United Kingdom[b]
Dates
Royal assent27 February 1964
Commencement27 February 1964[c]
Other legislation
AmendsSee § Repealed enactments
Repeals/revokesSee § Repealed enactments
Amended by
Status: Partially repealed
Text of statute as originally enacted
Revised text of statute as amended
Text of the Public Works Loans Act 1964 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The Public Works Loans Act 1964 (1964 c. 9) is an act of the Parliament of the United Kingdom that made further provision with respect to loans out of the Local Loans Fund administered by the Public Works Loan Commissioners, temporary borrowing by local authorities in Scotland, and the re-borrowing powers of public authorities.[1]

Provisions

Repealed enactments

Section 9(2) of the act repealed 33 enactments, listed in schedule 3 to the act.[2]

Citation Short title Extent of repeal
38 & 39 Vict. c. 89 Public Works Loans Act 1875 Section 9 from "and" onwards.
Section 10.
In section 11, the words "by instalments (in the form of an annuity or otherwise)" and the words from "The Loan Commissioners in considering" onwards.
Section 36.
41 & 42 Vict. c. 18 Public Works Loans Act 1878 Section 4.
42 & 43 Vict. c. 77 Public Works Loans Act 1879 The whole act.
44 & 45 Vict. c. 38 Public Works Loans Act 1881 Sections 8 and 9.
45 & 46 Vict. c. 62 Public Works Loans Act 1882 Section 8.
55 & 56 Vict. c. 43 Military Lands Act 1892 Section 7(2) from "and shall" onwards.
55 & 56 Vict. c. 61 Public Works Loans Act 1892 Section 2.
56 & 57 Vict. c. 40 Public Works Loans (No. 2) Act 1893 The whole act.
59 & 60 Vict. c. 42 Public Works Loans Act 1896 Section 2 from "Provided" onwards.
60 & 61 Vict. c. 51 Public Works Loans Act 1897 Sections 1, 11 and 12(1) to (3).
8 Edw. 7. c. 23 Public Works Loans Act 1908 Section 6(2) from "and" onwards.
8 Edw. 7. c. 36 Small Holdings and Allotments Act 1908 In section 52(2), paragraph (a) of the proviso.
7 & 8 Geo. 5. c. 32 Public Works Loans Act 1917 The whole act.
8 & 9 Geo. 5. c. 27 Public Works Loans Act 1918 The whole act.
26 Geo. 5 & 1 Edw. 8. c. 5 Public Works Loans Act 1935 Section 5(1).
1 & 2 Geo. 6. c. 7 Public Works Loans (No. 2) Act 1937 Section 3(1) from "and" onwards.
8 & 9 Geo. 6. c. 18 Local Authorities Loans Act 1945 In section 4(1), the words from "authorised" to "a period".
Section 6.
9 & 10 Geo. 6. c. 75 Public Works Loans (No. 2) Act 1946 In section 2(1), the words "subject to the provisions of this section".
Section 2(2) to (4).
10 & 11 Geo. 6. c. 43 Local Government (Scotland) Act 1947 In section 260(1), paragraph (i) of the proviso.
11 & 12 Geo. 6. c. 13 Public Works Loans Act 1947 The whole act.
11 & 12 Geo. 6. c. 48 Public Works Loans Act 1948 The whole act.
12, 13 & 14 Geo. 6. c. 82 Public Works Loans Act 1949 The whole act.
14 Geo. 6. c. 34 Housing (Scotland) Act 1950 Section 135.
14 & 15 Geo. 6. c. 5 Public Works Loans Act 1950 The whole act.
15 & 16 Geo. 6 & 1 Eliz. 2. c. 5 Public Works Loans Act 1951 The whole act.
1 & 2 Eliz. 2. c. 3 Public Works Loans Act 1952 The whole act except sections 6 and 7.
2 & 3 Eliz. 2. c. 6 Public Works Loans Act 1953 The whole act.
3 & 4 Eliz. 2. c. 9 Public Works Loans Act 1955 The whole act.
4 & 5 Eliz. 2. c. 6 Miscellaneous Financial Provisions Act 1955 Section 3.
4 & 5 Eliz. 2. c. 65 Public Works Loans Act 1956 The whole act.
5 & 6 Eliz. 2. c. 56 Housing Act 1957 Section 139.
6 & 7 Eliz. 2. c. 4 Public Works Loans Act 1957 The whole act.
6 & 7 Eliz. 2. c. 42 Housing (Financial Provisions) Act 1958 Sections 47(7) and 54(4)(a).

Subsequent developments

Most of the act's substantive provisions have since been repealed. Sections 1 to 5 of, and schedules 1 to 3 to, the act were repealed by the National Loans Act 1968, which reorganised government lending arrangements and transferred funding for local loans to the National Loans Fund.[3] Section 7(1) was repealed by the Finance Act 1965 and section 7(2) by the Finance Act 1970. Section 9(2), which had given effect to the repeals in schedule 3, was repealed by the National Loans Act 1968, and section 9(3), which had defined the act's application to Northern Ireland, was repealed by the Finance Act 1970.

Section 8 of the act was repealed by section 1(1) of, and part XI of schedule 1 to, the Statute Law (Repeals) Act 1976, which came into force on 27 May 1976.[4]

Section 6, concerning the re-borrowing powers of public authorities, remains in force and has been amended on several occasions. Words in section 6(1) were substituted by the Local Government (Scotland) Act 1975 and were further amended, subject to a saving, by the Local Government and Housing Act 1989. The Local Government etc. (Scotland) Act 1994 provides for a new section 6(5), excluding local authorities constituted under that act and joint boards in Scotland from the section's operation, but this amendment is prospective and, as respects Scotland only, had not been applied to the text of the act by the legislation.gov.uk editorial team as of the act's most recent revision.[5] Section 9(1), giving the act its short title, also remains in force.

Notes

  1. ↑ Section 9(1).
  2. ↑ Section 9(3), as originally enacted (now repealed), listed the only provisions of the act that extended to Northern Ireland.
  3. ↑ The Acts of Parliament (Commencement) Act 1793.

References

  1. ↑ Webster, Ian (2017). "The Public Works Loan Board and the growth of the state in nineteenth-century England". Economic History Review. 71 (3): 887–908. doi:10.1111/ehr.12609.
  2. ↑ "Public Works Loans Act 1964", legislation.gov.uk, The National Archives, 1964 c. 9
  3. ↑ "National Loans Act 1968", legislation.gov.uk, The National Archives, 1968 c. 13
  4. ↑ "Statute Law (Repeals) Act 1976", legislation.gov.uk, The National Archives, 1976 c. 16
  5. ↑ "Local Government etc. (Scotland) Act 1994", legislation.gov.uk, The National Archives, 1994 c. 39