§ Mr. AllenTo ask the Chancellor of the Exchequer if he will list the powers he has under public legislation to give directions to local authorities or otherwise require them to act in a way which he prescribes, giving in each case the legislative authority under which he may exercise these powers.
§ Mr. PortilloThe Treasury has a number of powers to regulate borrowing and lending by local authorities. In addition, the exercise of some of the relevant powers of other Government Departments is subject to formal Treasury consent.