§ Mrs. Chalkerasked the Secretary of State for Social Services if he is satisfied that the Local Authority Building Note No. 8 issued in March 1973 gives realistic cost allowances for residential accommodation for mentally handicapped adults; and if he will indicate the Department's attitude to the funding of the interest repayments on construction costs.
§ Mr. MoyleCost allowances operate nationally and relate to net building work only. They are kept under review with regard to current construction costs. There will be additional costs as indicated in my reply to the hon. Member on 5th April—[Vol. 929, c. 498.]—which will
250Wpercentage breakdown of DCE between (a) the public sector borrowing requirement less purchases of public sector sterling debt by the non-bank private sector, (b) bank lending in sterling to the private sector and (c) residual factors.
§ Mr. Denzil DaviesFollowing is the information:
vary between individual schemes and in some areas according to market conditions there. Interest repayments are made on the amount of loan raised by a local authority in order to meet the capital cost of a scheme. Any direct contribution towards the capital cost whether from a local authority's own resources or from elsewhere will reduce the amount of loan and thus the interest repayments.