# Commonwealth Development Corporation Act 2017, Section 1: Amount of the limit on government assistance


(1) Section 15 of the Commonwealth Development Corporation Act 1999 (limit on government assistance) is amended as follows.
(2) In subsection (1), for “£1,500 million” substitute “ £6,000 million ”.
(3) After subsection (3) insert—
“(4) The Secretary of State may by regulations substitute for the amount for the time being specified in subsection (1) a larger amount not exceeding £12,000 million.
(5) Regulations made by the Secretary of State under this section are to be made by statutory instrument.
(6) A statutory instrument containing regulations under this section may not be made unless a draft of the instrument has been laid before and approved by a resolution of the House of Commons.”

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Source: https://www.legislation.gov.uk/ukpga/2017/5/section/1 (the official version)
Page: https://openlegislation.uk/commonwealth-development-corporation-act-2017/section-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.