§ 28. Mrs. GoldingTo ask the Secretary of State for the Environment when he will finalise the new system of capital controls to be brought in under the Local Government and Housing Act 1989.
§ Mr. ChopePart IV of the Local Government and Housing Act 1989, which provides for the new local authority capital finance system, came into force on 16 January 1990. Consultation on a draft of the main capital finance regulations ends on 23 February. We expect to lay the regulations before Parliament shortly thereafter.