§
Amendments made: No. 22, in page 65, line 8, leave out
'by nominees of the local authority or'
and insert
'in any one or more of the following ways, namely, by the local authority, by nominees of the local authority and'.
No. 23, in page 65, line 12, leave out `either' and insert
`in any one or more of the following ways, namely, by the local authority'.
No. 24, in page 65, line 14, leave out 'or' and insert `and'.
No. 25, in page 65, line 19, leave out `applies' and insert
'and subsections (4) and (5) of that section as they have effect in relation to subsection (3) apply'.
No. 26, in page 65, line 34, leave out from 'to' to `applied' in line 36 and insert
`any financial year if, at a time before the beginning of that year, the authority resolved that the company should be an arm's length company and, at all times from the passing of that resolution up to the end of the financial year in question, the following conditions have'.
No. 27, in page 65, line 38, leave out `is' and insert `was'.
No. 28, in page 65, line 43, leave out `are' and insert `have been'.
No. 29, in page 66, line 16, at end insert
'for other than commercial reasons'.—[Mr. Gummer]