HC Deb 22 February 1989 vol 147 c696W
108. Mr. Janman

To ask the Secretary of State for the Environment what plans he has to review the present methods of controlling local authority capital spending.

Mrs. Virginia Bottomley

Part IV of the Local Government and Housing Bill provides for a new local authority capital finance system. This would replace the present system of direct controls on capital expenditure by a framework based on control of the use of credit to finance such expenditure.