# The Local Loans (Increase of Limit) Order 2024, Article 2: Limit for local loans


The sum of £135 billion is specified for the purposes of section 4(1) of the National Loans Act 1968 (limit for local loans).

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Source: https://www.legislation.gov.uk/ukdsi/2024/9780348263817/article/2 (the official version)
Page: https://openlegislation.uk/draft-local-loans-increase-of-limit-order-2024/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.