[38 Local loans]
Local Government Act 2003 (2003 c 26) | Legislation

[38  Local loans]

(1)     The Secretary of State may, if he thinks it appropriate, make payments to the [Treasury, in respect of local loans made under section 3 of the National Loans Act 1968,] so as to reduce or extinguish such debt (whether then due or not) of a local authority in England to [the Treasury] as he thinks

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