# The Local Loans (Increase of Limit) Order 1988, Note: Explanatory note


(This note is not part of the Order)
This Order increases the limit on lending by the Public Works Loan Commissioners to local authorities and other eligible borrowers from £42,000 million to £50,000 million.

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Source: https://www.legislation.gov.uk/uksi/1988/635/note (the official version)
Page: https://openlegislation.uk/local-loans-increase-of-limit-order-1988/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.