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SIpendingSI 2016/1264 · order

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:

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Department
Made
22 Dec 2016
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