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523857
star this property registered interest false more like this
star this property date less than 2016-06-08more like thismore than 2016-06-08
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Political Parties: Finance remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government what are the current borrowing limits imposed on (1) the Scottish Parliament, (2) the National Assembly for Wales, and (3) the Northern Ireland Assembly. more like this
star this property tabling member printed
Lord Empey more like this
star this property uin HL545 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-06-22more like thisremove minimum value filter
unstar this property answer text <p>The Scotland Act 2014 permits the Scottish Government to borrow up to £2.2 billion for capital purposes and £0.5 billion to cover shortfalls in cash receipts. The Scotland Act 2016 provides for these to be revised in due course to £3bn and £1.75bn respectively.</p><p> </p><p>The Welsh Government may borrow up to £500 million to cover shortfalls in the Welsh Consolidated Fund as set out in the Government of Wales Act 2006. The Wales Act 2014 confers aggregate capital borrowing powers of up to £500 million on the Welsh Government. In response to a specific request from the Welsh Government, the Government has also provided early access to these capital borrowing powers in order to support the delivery of the M4 relief road.</p><p> </p><p>The Northern Ireland Executive has a statutory borrowing limit of £3 billion for capital purposes as set out in the Northern Ireland (Loans) Act 1975 as amended by the Northern Ireland (Miscellaneous Provisions) Act 2006. The Northern Ireland Executive may borrow up to £250 million to cover shortfalls in the Northern Ireland Consolidated Fund as set out in the Northern Ireland Act 1998.</p><p> </p>
star this property answering member printed Lord O'Neill of Gatley more like this
star this property grouped question UIN HL547 more like this
star this property question first answered
less than 2016-06-22T11:13:23.1Zmore like thismore than 2016-06-22T11:13:23.1Z
star this property answering member
4536
unstar this property label Biography information for Lord O'Neill of Gatley more like this
star this property tabling member
4216
unstar this property label Biography information for Lord Empey more like this