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Small Loan

Volume 264: debated on Monday 16 October 1995

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To ask the Secretary of State for Northern Ireland when the Department of Finance and Personnel expects to introduce a rule similar to the PWLB circular 105 allowing a refinancing of small loans. [37198]

The Department of Finance and Personnel, having consulted with the Department of the Environment for Northern Ireland, the approving authority for loans to local government in Northern Ireland, intends to apply the terms of PWLB circular 105 as they relate to refinancing of small loans, from 1 November.