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Electricity (Financial Provisions) (Scotland) Money:

Volume 33: debated on Tuesday 7 December 1982

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Queen's Recommendation having been signified


That, for the purposes of any Act of the present Session to make provision for increasing the statutory limits on the amounts outstanding in respect of borrowings by the Scottish Electricity Boards, it is expedient to authorise—
  • (a) payment out of the National Loans Fund under section 24 of the Electricity (Scotland) Act 1979 of any increase attributable to provisions of the said Act of the present Session which increase by not more than £750 million the greater sum which may be specified under section 29(1) of the said Act of 1979.
  • (b) payment out of the Consolidated Fund of any increase so attributable in the corresponding sums which may require to be paid by way of guarantee under section 25 of the said Act of 1979; and
  • (c) any payments into the National Loans Fund or the Consolidated Fund.—[Mr. Archie Hamilton.]