HC Deb 27 June 1974 vol 875 c503W
Mr. Sillars

asked the Chancellor of the Exchequer if he will allow small local authorities in Scotland to form consortia for the purpose of borrowing foreign currency; or, as an alternative, if he will allow the large local authorities to act as agents for small authorities in such borrowing.

Mr. Dell

We intend to reconsider before the reorganisation in 1975 of local government in Scotland the present qualifications of Scottish local authorities for borrowing foreign currency.