HC Deb 15 June 1977 vol 933 c465

Queen's Recommendation having been signified—

Resolved, That, for the purposes of any Act of the present Session to increase the limit imposed by section 43 of the New Towns Act 1965 on the amounts which may be borrowed by the development corporations for the new towns and the Commission for the New Towns, it is expedient to authorise any increase in the sums—

  1. (a) falling to be paid out of or into the National Loans Fund or the Consolidated Fund;
  2. (b) falling to be paid out of moneys provided by Parliament;
being an increase attributable to the provisions of the said Act of the present Session increasing to £3,250 million the limit imposed by the said section 43 of the amounts outstanding in respect of borrowing by the development corporations and the Commission.—[Mr. Shore.]