Clause. — (Power to make Temporary Advances from Local Loans Fund to Local Authorities for Housing Purposes.)

Part of Orders of the Day — Public Works Loans Bill. – in the House of Commons at on 6 December 1920.

Alert me about debates like this

(2) Interest on advances under this Section shall be payable at such a rate as the Treasury may from time to time fix or, if the rate applicable to any advance is less than the bank rate for the time being in force, at the bank rate.

Clause

A parliamentary bill is divided into sections called clauses.

Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.

During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.

When a bill becomes an Act of Parliament, clauses become known as sections.