The British National Oil Corporation (Borrowing Powers) Order 1982
Whereas Britoil Limited, a relevant subsidiary as defined in section 48(1) of the Petroleum and Submarine Pipe-lines Act 1975(a) (hereinafter referred to as "the Act") of the British National Oil Corporation, ceased on 1st November 1982 to be such a subsidiary;

And whereas the Secretary of State has had regard, in particular, to the aggregate amount outstanding at that time in respect of the principal of —

(a) any money borrowed by Britoil Limited; and

(b) any sums for the repayment of whi...