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| | ‘(1ZA) | In borrowing sums under subsection (1), the Scottish Ministers must have regard |
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| | to any code of practice agreed by them and the Treasury. |
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| | (1ZB) | A code of practice agreed under subsection (1ZA) may include provision as to— |
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| | (a) | how the Scottish Ministers are to determine and keep under review how |
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| | much they can afford to borrow, |
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| | (b) | the terms and conditions on which sums may be borrowed, |
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| | (c) | limits on the aggregate at any time outstanding in respect of the principal |
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| Clause 32, page 24, line 23, leave out from ‘may’ to ‘any’ in line 24 and insert |
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| Clause 32, page 24, line 28, at end insert— |
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| | ‘(1C) | In borrowing any sums under subsection (1A), the Scottish Ministers must have |
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| | regard to any code of practice agreed by them and the Treasury. |
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| | (1D) | A code of practive agreed under subsection (1C) may include provision as to— |
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| | (a) | how the Scottish Ministers are to determine and keep under review how |
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| | much they can afford to borrow, |
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| | (b) | the terms and conditions on which sums may be borrowed, |
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| | (c) | limits on the aggregate at any time outstanding in respect of the principal |
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| Clause 32, page 24, line 31, leave out subsections (6) to (8) and insert— |
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| | ‘(5A) | Subsections (2) and (3) are omitted.’. |
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| Clause 32, page 24, leave out line 38 to line 5 on page 25. |
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| Clause 32, page 25, leave out subsection (10). |
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| Clause 33, page 25, line 31, leave out ‘the amount specified as’. |
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| Clause 33, page 26, line 2, leave out from second ‘exceeding’ to end of line 3 and |
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| | ‘(i) | in the case of a summary offence, level 5 on the standard scale, |
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| | (ii) | in the case of an offence triable either way, the statutory |
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| | Clause, as amended, Agreed to. |
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| | Clauses 34 to 37 Agreed to. |
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| Clause 38, page 28, line 5, leave out ‘made by statutory instrument’. |
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| Clause 38, page 28, line 9, leave out ‘made by statutory instrument’. |
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| | Clause, as amended, Agreed to. |
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