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3(1)In section 181(1) of the [1959 c. 25.] Highways Act 1959 (under which a street works authority may recover from the owner of premises in respect of which any sum is due for expenses of street works the whole or any portion of that sum together with interest) after the word " interest" there shall be inserted the words " at such reasonable rates as the authority may determine. "
(2)The proviso to section 211(2) of that Act (by virtue of which an order may fix the maximum amount to be charged under a charging order in respect of expenditure on street works) shall cease to have effect.
(3)In section 264 of that Act (recovery of expenses)—
(a)in subsection (1), after the word "interest", in the first place where it occurs, there shall be inserted the words " at such reasonable rate as the council may determine " and
(b)in subsection (2)—
(i)after the word " expenses " there shall be inserted the words " and interest " ; and
(ii)after the words "with interest" there shall be inserted the words " on them at such reasonable rate as the authority may determine ".
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