§ Queen's recommendation having been signified—
§
Motion made, and Question put forthwith, pursuant to Standing Order No. 52(1)(a),
That for the purposes of any Act resulting from the Regional Development Agencies Bill it is expedient to authorise—
- (1) the payment out of the National Loans Fund of any sums required by the Secretary of State for making loans under the Act to a development agency established under the Act;
- (2) the payment out of money provided by Parliament of—
- (a) any sums required by the Secretary of State—
- (i) for making grants under the Act, or
- (ii) for fulfilling guarantees given under the Act, and
- (b) any administrative expenses of a Minister of the Crown (as defined in the Ministers of the Crown Act 1975) which are attributable to the Act;
- (3) the reduction of the assets of the National Loans Fund by amounts corresponding to such liabilities of the Development Commission or the Urban Regeneration Agency as the Secretary of State may extinguish by virtue of the Act;
- (4) the payment of sums into the National Loans Fund or the Consolidated Fund.—[Mr. Allen.]
§ Question agreed to.