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Proceeding contribution from Lord Bates (Conservative) in the House of Lords on Monday, 11 May 2009. It occurred during Debate on bill and Committee proceeding on Business Rate Supplements Bill.


Business Rate Supplements Bill

The Minister’s phrasing seems to suggest that she is open to the possibility of a local authority choosing to raise its capital finance by means of a bond at a local level as a debt instrument. Is there any stipulation on that? She seemed to suggest that a local authority bond or another bond could be a way of raising capital finance directly on the markets rather than from a commercial lender.


Secondary information

Type
Proceeding contribution
Reference
710 c317GC 
Session
2008-09
Chamber / Committee
House of Lords Grand Committee
Subjects
Business Housing Greater London Discounts Economic growth Local government Local government finance Public consultation Business rates Regional planning and development Business improvement districts
Legislation
Business Rate Supplements Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk