Schedule 1 - Capital finance: parish and community councils and charter trustees
Local Government Bill
3:00 pm
Mr Derek Conway (Old Bexley and Sidcup, Conservative)
With this it will be convenient to discuss the following amendments: No. 47, in
schedule 1, page 71, line 26, leave out from 'chargeable' to end of line 32.
No. 48, in
schedule 1, page 72, line 5, at end insert
'or, where the interest payable is a variable amount established by reference to a base rate or other rate of interest for the time being payable (the ''reference rate''), it would do so if the reference rate remained unchanged to the end of the fixed period.'.