HC Deb 01 February 1978 vol 943 cc206-7W
67. Sir D. Walker-Smith

asked the Secretary of State for the Environment whether he will introduce legislation to seek to enable local authorities to charge rates of interest on their housing loans with a surplus or deficit credited or debited, as the case may be, to the general rate account, thereby bringing their position into line with that of building societies.

Mr. Freeson

This proposal was put forward in the Green Paper on Housing Policy (Cmnd. 6851) and will be considered further when the views of all the local authority associations have been obtained.

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