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Local Authorities (Company Interests)

Volume 175: debated on Thursday 28 June 1990

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To ask the Secretary of State for the Environment if he will make a statement on the implementation of part V of the Local Government and Housing Act 1989: local authority interests in companies.

In view of various points which have arisen on the drafts of the orders which we circulated for comment, we have concluded that it would be right to postpone the coming into force of those orders from 1 July 1990. I shall set a new date as soon as possible.