The New Towns (Suspension of Loan Repayment) Order 1986
This order provides for the suspension of certain loans made by the Secretary of State to the Aycliffe and Peterlee Development Corporation, the former Peterlee Development Corporation, the Cwmbran Development Corporation and the Washington Development Corporation. During the period of suspension no interest will accrue or become payable and no repayments of capital will fall due in relation to the loans described in the Schedules to the order. After the end of the period of suspension, payments of interest and repayments of principal will fall due as if there had been no break in the loan.