Clause 18 - Local authority companies etc
Local Government Bill
2:45 pm
Mr Christopher Leslie (Parliamentary Secretary, Cabinet Office; Shipley, Labour)
I believe that subsection (1) is reasonably drafted. It simply says that the regulations would allow local authority company activities to be regarded as if they had been undertaken by the local authority itself, with regard to capital activities and borrowing, and in so far as they relate to the affordability test. The clause concerns local authority companies and defines—