London Regional Transport (Amendment) Act 1985 (repealed)

For subsections (1) to (4) of section 49 of the London Regional Transport Act 1984 (grants by GLC for initial year of LRT) there shall be substituted—

The sum payable by virtue of subsection (1) above shall be paid on the day after that on which this Act is passed unless this Act is passed before 25th March 1985 in which case—

In subsection (5) of the said section 49 (liability for interest) for the words " If any amount so payable is not paid on or before the date so specified " there shall be substituted the words " If any amount payable in respect of the sum mentioned in subsection (1) above is not paid on or before the date on which it is required to be paid " .