Public Works Loans Act 1875
The Public Works Loans Act 1875 (38 & 39 Vict. c. 89) is an act of the Parliament of the United Kingdom that consolidated enactments relating to loans for public works in the United Kingdom. The act created the Public Works Loan Commissioners, who replaced the earlier Exchequer Bill Commissioners, and it remains, together with the National Loans Act 1968, one of the principal statutory s
Overview
The Public Works Loans Act 1875 (38 & 39 Vict. c. 89) is an act of the Parliament of the United Kingdom that consolidated enactments relating to loans for public works in the United Kingdom. The act created the Public Works Loan Commissioners, who replaced the earlier Exchequer Bill Commissioners, and it remains, together with the National Loans Act 1968, one of the principal statutory sources for government lending to local authorities.
Repealed enactments
Section 57 of the act repealed 27 enactments, listed in the third schedule to the act.
Subsequent developments
Section 13 was repealed by section 9 of the Public Works Loans Act 1882. Sections 42, 52 and 54 were repealed by the Statute Law Revision Act 1883. Sections 14, 16 and 17 were repealed by schedule 3 to the National Debt and Local Loans Act 1887. Section 2, part of the definitions in section 51, section 53, and the third schedule were repealed by the Statute Law Revision (No. 2) Act 1893. Section 11 was amended by section 4 of the Public Works Loans Act 1911. Words in section 28 were substituted by virtue of sections 56(1)(a) and 224(1) of the Supreme Court of Judicature (Consolidation) Act 1925. Further words in section 9 were repealed by schedule 2 to the Public Works Loans Act 1946. Section 5(1), and words in section 7, were repealed by schedule 2 to the Crown Proceedings Act 1947. Section 15 of the act was repealed by section 1 of, and the schedule to, the Statute Law Revision Act 1963, which came into force on 31 July 1963. Sections 10 and 36 of the act were repealed, and further words in sections 9 and 11 were repealed, by schedule 3 to the Public Works Loans Act 1964. Sections 3, 40, 49 and 56, and the first schedule, together with further words in sections 5 and 9, were repealed by schedule 6 part II to the National Loans Act 1968. Section 15 was repealed by the Statute Law Revision Act 1968. Section 44 was repealed by schedule 3 part I to the Theft Act 1968. Further words in section 33 were repealed by schedule 11 part IV to the Courts Act 1971. Further words in section 41 were repealed by the Statute Law (Repeals) Act 1986. Further words in section 33, and the proviso to section 57, were repealed by the Statute Law (Repeals) Act 2004. Following the abolition of the Public Works Loan Commissioners on 25 February 2020, the Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020 substituted references to the Treasury for references to the Loan Commissioners and the Public Works Loans Secretary throughout the act, and omitted section 4, the second schedule, and other spent provisions relating to the former commissioners and their staff.
External links
Text of the Public Works Loans Act 1875 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk. Text of the Public Works Loans Act 1875 as originally enacted or made within the United Kingdom, from legislation.gov.uk.
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