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This version of this statute is extracted from the UK Statute Law Database (SLD). It is not necessarily in the form in which it was originally enacted but is a revised version, which means that any subsequent amendments to the text and other effects are incorporated with annotations.
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An Act to provide for the capital reconstruction of the British Overseas Airways Corporation; to provide for Exchequer investment in that Corporation otherwise than by way of loan; to amend the financial duties and borrowing powers of that Corporation and of the British European Airways Corporation; to enable the Treasury to guarantee foreign currency debts of those Corporations; and to amend sections 21 and 23 of, and paragraphs 9 and 10 of Schedule 1 to, the Air Corporations Act 1949.
[10th March 1966]
C1Words of enactment omitted under authority of Statute Law Revision Act 1948 (c. 62), s. 3
(1)As from 1st April 1965—
(a)F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)all rights and liabilities which under the terms of issue of the stock issued under section 9 of the M1Air Corporations Act, 1949 (in this Act referred to as “the principal Act”) or any enactment repealed by that Act were immediately before that date rights and liabilities of the Corporation shall be rights and liabilities of the Treasury.
(2)F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)Schedule 1 to this Act shall have effect for the purposes of subsection (1)(b) of this section.
F1S. 1(1)(a)(2)(3) repealed with savings by Air Corporations Act 1967 (c. 33), s. 36, Sch. 3
M11949 c. 91.
F1Ss. 2-8 repealed with savings by Air Corporations Act 1967 (c. 33), s. 36, Sch. 3
(1)This Act may be cited as the Air Corporations Act 1966, . . . F1
(2)F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) In this Act, except where the context otherwise requires, any reference to an enactment shall be construed as a reference to that enactment as amended, and as including a reference thereto as extended or applied, by any other enactment, including this Act.
(4)F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Air Corporations Act 1966