Clause 25
Housing and Regeneration Bill
5:45 pm
Robert Syms (Poole, Conservative)
As we discussed under clause 22, the HCA can give guarantees or indemnify the projects. Under clause 25 would this be under the financial limit of £2,300 million or above it? In other words, it is possible to have a cash borrowing limit for the HCA but have additional liabilities on its balance sheet. How would that be treated?