Clause 4 - Imposition of borrowing limits
Local Government Bill
8:55 am
Mr Derek Conway (Old Bexley and Sidcup, Conservative)
I remind the Committee that with this we are discussing the following amendments:
No. 28, in
clause 4, page 2, line 26, at end add
'and the allocation of a share in such aggregate limits to individual local authorities.'.
No. 7, in
clause 4, page 2, leave out from beginning of line 27 to end of line 2 on page 3 and insert—
'(2) No regulations may be made under this section unless—
(a) the Secretary of State has consulted such representatives of local government as appear to him to be appropriate;
(b) he has laid before each House of Parliament a report explaining the reasons why he considers it necessary that the regulations be made; and
(c) the report has been approved by resolutions of each House of Parliament.
(3) Sections 117(1) and (2) do not apply to regulations made under this section.'
No. 49, in
clause 4, page 2, line 27, leave out subsection (2).
No. 29, in
clause 4, page 2, line 28, leave out from 'authority' to end of line 29 and insert
'where he considers that the local authority has not, in setting a borrowing limit under section 3(1), had proper regard to the requirements of section 3(2).'.
No. 31, in
clause 4, page 2, line 31, at end insert—
'( ) A limit set under subsection (1) or (2) may not, in respect of any local authority, be set at a level less than the level of that local authority's borrowing on the date that the draft regulation is laid.'.