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United Kingdom Statutory Instruments


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Statutory Instruments

1992 No. 3056

LOCAL GOVERNMENT, ENGLAND AND WALES

The Public Airport Companies (Capital Finance) (Third Amendment) Order 1992

Made

7th December 1992

Laid before Parliament

11th December 1992

Coming into force

1st January 1993

The Secretary of State for Transport, in exercise of the powers conferred on him by section 39(5), (6) and (7) of the Local Government and Housing Act 1989(1) and of all other powers enabling him in that behalf, hereby makes the following Order:

1. This Order may be cited as the Public Airport Companies (Capital Finance) (Third Amendment) Order 1992 and shall come into force on 1st January 1993.

2. In the Schedule to the Public Airport Companies (Capital Finance) Order 1990(2)-

(a)for "Bournemouth Hurn Airport plc" there shall be substituted "Bournemouth International Airport plc", and

(b)after the entry for East Midlands International Airport plc, there shall be added the following entry-

"Gloucestershire Airport LimitedGloucester City Council".

Signed by authority of the Secretary of State for Transport

Caithness

Minister of State,

Department of Transport

7th December 1992

Explanatory Note

(This note is not part of the Order)

This Order makes minor amendments to the Public Airport Companies (Capital Finance) Order 1990, which sets out the effects of the capital financing transactions of public airport companies and their subsidiaries for the local authority which is the "controlling authority".

The Schedule to the 1990 Order specifies which local authority is to be treated as the controlling authority in cases where public airport companies are controlled jointly by more than one local authority.

This Order amends the Schedule to the 1990 Order to take account of a change of name of the company operating Bournemouth Airport and of the restructuring of Gloucestershire Airport as a public airport company.

(2)

S.I. 1990/719, amended by S.I. 1991/423 and 1992/196.


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