# The Local Loans (Increase of Limit) Order 2024, Introduction: Introductory text


Draft Order laid before the House of Commons under section 4(2) of the National Loans Act 1968, for approval by resolution of the House of Commons.
Local Loans
Made ***
Coming into force in accordance with article 1
The Treasury make this Order in exercise of the powers conferred by section 4(1) of the National Loans Act 1968 (“the Act”).
In accordance with section 4(2) of the Act, a draft of this Order has been laid before and approved by resolution of the House of Commons.

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