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Local Government Finance Bill (Allocation of Time)

Part of the debate – in the House of Commons at 4:24 pm on 26th January 1987.

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It is clearly in the interests of everyone involved in local authority finance, not least the local authorities themselves, that this complex area is restored to a basis of certainty as soon as possible. Quite rightly, neither my right hon. Friend the Secretary of State for the Environment nor my right hon. Friend the Secretary of State for Wales thinks it proper to take further decisions on rate support grant matters or complete the rate limitation process until the law and the practice on this matter once more coincide. Thus, only after the Bill receives Royal Assent can Parliament approve the necessary rate support grant reports and local authorities be paid that grant for the coming financial year.