There are ways of doing it. I do not wish to detain the Committee and perhaps I should have a cup of coffee with the noble Lord to explain; I mean that in a helpful way. Bonds are raised against the cash flows from projects. They are raised against an infrastructure project only if the Government underpin it—hence, PFI.
Enterprise and Regulatory Reform Bill
Proceeding contribution from
Baroness Ford
(Labour)
in the House of Lords on Monday, 3 December 2012.
It occurred during Debate on bills
and
Committee proceeding on Enterprise and Regulatory Reform Bill.
Type
Proceeding contribution
Reference
741 c162GC 
Session
2012-13
Chamber / Committee
House of Lords Grand Committee
Subjects
Librarians' tools
Timestamp
2023-11-26 10:36:53 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2012-12-03/12120341000070
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