“(1) This section applies where the Government has committed funding to a Combined Authority or a Combined County Authority in order to deliver a specific project.
(2) The Secretary of State must provide commensurate financial resources to a Combined Authority or a Combined County Authority to enable the delivery of the project mentioned in subsection (1) as agreed in full.
(3) The Secretary of States must, by regulations, amend the value of this funding to reflect inflation.”—(Alex Norris.)
This new clause would commit the Government to fully funding combined authority and combined county authority projects they have committed to in the case that costs rise due to inflation.
Brought up, and read the First time.
Question put, That the clause be read a Second time.