It seems somewhat odd to refer to an Act from 1985. That Act says, "““shall not exceed £2,500 million or such greater sum not exceeding £3,000 million as the Secretary of State may specify by order made with the consent of the Treasury””."
The value of money in 2008 is not exactly the same as it was in 1985. I would have thought that any modern calculations about financing would have to take into account where we are today and the experience of the Housing Corporation over that intervening period when circumstances have dramatically changed.
Housing and Regeneration Bill
Proceeding contribution from
Viscount Eccles
(Conservative)
in the House of Lords on Tuesday, 10 June 2008.
It occurred during Debate on bills
and
Committee proceeding on Housing and Regeneration Bill.
Type
Proceeding contribution
Reference
702 c149GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-16 02:35:51 +0000
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