The Wales Act 2014 (Commencement No. 1) Order 2016
Article 2 of this Order commences section 20 of the Wales Act 2014 (c. 29) (the “2014 Act”) on 1st January 2017. This section amends sections 121 and 122 of the Government of Wales Act 2006 (c.32) and inserts a new section 121A in that Act. These amendments revise the circumstances under which the Welsh Ministers may borrow and set out the main controls and limits on such borrowing. The amendments enable the Welsh Ministers to borrow - subject to HM Treasury’s controls and limits - for the following purposes:
Lifecycle
Department
Made
22 Dec 2016
—
Comes into force
TBC
Enabling power
The Treasury make the following Order in exercise of the power conferred by section 29(5) of the Wales Act 2014:
DocumentsOpen on legislation.gov.uk →