2008 No. 3004

Local Loans

The Local Loans (Increase of Limit) Order 2008

Made

19th November 2008

Coming into force

20th November 2008

The Treasury in exercise of the powers conferred upon them by section 4(1) of the National Loans Act 1968( 1 ) make the following Order, a draft of which has been laid before and approved by a resolution of the House of Commons:

1. This Order may be cited as the Local Loans (Increase of Limit) Order 2008, and shall come into force on the day after the day on which it is made.

2. For the purposes of the aggregate limit in section 4(1) of the National Loans Act 1968, the Treasury specify the sum of £70,000 million.

Frank Roy

Tony Cunningham

Two of the Lords Commissioners

of Her Majesty’s Treasury

19th November 2008

( 1 )

1968 c. 13 ; section 4 was substituted by section 125(1) of the Finance Act 1984 (c.43) and subsection (1) was amended by section 130 of the Finance Act 1990 (c.29) .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

The Local Loans (Increase of Limit) Order 2008 (2008/3004)

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