Surely it was in the legislation, and in the way the bank was set up, that it could borrow. It is perfectly able to borrow. There is no prohibition on that. It is just that the Treasury does not want that notionally on its books. The bank can legally borrow now.
Green Investment Bank
Proceeding contribution from
George Kerevan
(Scottish National Party)
in the House of Commons on Thursday, 29 October 2015.
It occurred during Debate on Green Investment Bank.
Type
Proceeding contribution
Reference
601 c228WH
Session
2015-16
Chamber / Committee
Westminster Hall
Librarians' tools
Timestamp
2020-02-24 10:52:32 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2015-10-29/15102959000209
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