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Amendments to the Local Government Bill

Local Government Bill


AMENDMENTS
TO BE MOVED
IN GRAND COMMITTEE
[Supplementary to the Marshalled List]


 

Clause 18

 

THE BARONESS HANHAM
THE LORD HANNINGFIELD
[In substitution for the amendment 65 printed in the Marshalled List]

65*Page 8, line 28, at end insert—
"(5)  A local authority may make and issue a guarantee in respect of membership of a company incorporated under the Companies Acts either operating in its area or operating as a local authority association.
(6)  Any guarantees issued under subsection (5) above may not exceed a total value at any one time equivalent to one-fifth of the expenditure limit applicable at that time under section 137 (as amended) of the Local Government Act 1972.
(7)  The provisions of Part 5 of the Local Government Act 1989 (local authority controlled companies) shall not apply in the case of a company limited by guarantee which is either one with charitable objects or is a local authority association."
 

THE BARONESS HAMWEE
THE BARONESS MADDOCK

65A*Page 8, line 28, at end insert—
"(   )  The Secretary of State may by order make provision amending the definitions referred to in subsection (2) and contained in Part 5 of the Local Government and Housing Act 1989 to ensure that the definitions conform to generally accepted accounting practice.
(   )  An order under subsection (5) shall not be made unless a draft of the statutory instrument containing it has been laid before, and approved by a resolution of, each House of Parliament."
 

Clause 96

 

THE BARONESS HAMWEE
THE BARONESS MADDOCK

195A*Page 51, line 41, at end insert "subject to any order made under section 18(5)"

 
 
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2 June 2003