Commonwealth Development Corporation Bill

Explanatory Notes

Commentary on provisions of Bill

8 Clause 1 (Amount of the limit on government assistance) of the Bill amends the 1999 Act by increasing the limit on financial assistance to £6,000 million (subsection (2)) and providing a power for the Secretary of State to increase by regulations the limit on financial assistance up to £12,000 million (subsection (3)).

 

Prepared 15th November 2016