§ Amendments made: No. 159, in page 139, line 49, leave out `(d)' and insert '(e)'.
No. 78, in page 140, line 43, leave out first 'sum' and insert 'amount'.
No. 79, in line 43, leave out second `sum' and insert `amount'.
No. 80, in line 46, leave out 'sum' and insert 'amount'.
No. 160, in page 141, line 3, at beginning insert—
'(1) Subject to any prescribed modifications'.
No. 161, in line 14, at end insert—
`(2) In sub-paragraph (1) above "prescribed" means prescribed by regulations made by the Secretary of State.'. No. 162, in line 27, at end insert—
'9A.—(1) At any time on or after 1st April 1990, a local authority's credit ceiling shall be determined, subject to any prescribed modifications, in accordance with the following provisions of this Part of this Schedule.
(2) In sub-paragraph (1) above "prescribed" means prescribed by regulations made by the Secretary of State.'.
No. 81, in line 37, leave out 'any sum' and insert 'an amount'.
No. 82, in line 39, leave out `sum' and insert `amount'.
No. 83, in line 40, after `paragraph', insert 'that ceiling'.
No. 84, in line 49, leave out `a sum' and insert 'an amount'.
No. 85, in page 142, line 2, leave out `a sum' and insert `an amount'.
No. 86, in line 4, leave out from `year' to end of line 9.
No. 118, in line 9, at end add—
'11A. —(1) If, at any time on or after 1st April 1990, any debt of a local authority is reduced or extinguished by virtue of such a payment as is referred to in section 134(1)(b) of this Act, the authority's credit ceiling shall at that time be reduced by an amount equal to the reduction in the debt or, as the case may be, to the amount of the extinguished debt (and, by virtue of this paragraph, the credit ceiling may, accordingly, be a negative amount).
(2) If, at any time on or after 1st April 1990, a local authority are required under section 134(7)(b) of this Act to repay or pay any sum to the Secretary of State, the authority's credit ceiling shall at the time that sum is repaid or paid be increased by an amount equal to that sum.'. —[Mr. Gummer.]