The right hon. Gentleman makes an important point. He will know, because he has taken an interest, that we are offering two types of TIF. TIF 1 will be subject to the levy and the top-up, but TIF 2 would not be subject to either, so it would be possible to borrow over a longer period than the reset.
Local Government Finance Bill
Proceeding contribution from
Lord Pickles
(Conservative)
in the House of Commons on Tuesday, 10 January 2012.
It occurred during Debate on bills on Local Government Finance Bill.
Type
Proceeding contribution
Reference
538 c83
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 14:57:23 +0000
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