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>
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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>
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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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4536", "label" : {"_value" : "Biography information for Lord O'Neill of Gatley"} } , "answeringMemberPrinted" : {"_value" : "Lord O'Neill of Gatley"} , "dateOfAnswer" : {"_value" : "2016-06-22", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "HL547"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-06-22T11:13:23.1Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2016-06-08", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Political Parties: Finance"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty\u2019s 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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4216", "label" : {"_value" : "Biography information for Lord Empey"} } , "tablingMemberPrinted" : [{"_value" : "Lord Empey"} ], "uin" : "HL545"} , {"_about" : "http://data.parliament.uk/resources/436665", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/436665/answer", "answerText" : {"_value" : "
Government proposals regarding reducing the cost of politics were published in the Spending Review 2015.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1526", "label" : {"_value" : "Biography information for Greg Hands"} } , "answeringMemberConstituency" : {"_value" : "Chelsea and Fulham"} , "answeringMemberPrinted" : {"_value" : "Greg Hands"} , "dateOfAnswer" : {"_value" : "2015-12-14", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2015-12-14T17:36:36.003Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2015-12-09", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Political Parties: Finance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, with reference to the Autumn Statement and Spending Review 2015, paragraph 1.309, whether any reduction is planned in (a) Cranborne money and (b) Representative money.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4396", "label" : {"_value" : "Biography information for Rebecca Long Bailey"} } , "tablingMemberConstituency" : {"_value" : "Salford and Eccles"} , "tablingMemberPrinted" : [{"_value" : "Rebecca Long Bailey"} ], "uin" : "19449"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 2, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }