Clause 2 - Control of borrowing
Local Government Bill
2:30 pm
Mr Philip Hammond (Runnymede and Weybridge, Conservative)
In the Minister's example, he would be able, when setting the initial limit on the authority for national economic reasons, to take into account any of the authority's forward commitments. It is therefore not clear to me why he needs the power to make an exception when everything should have been taken into account in setting the limit in the first place.