
1 
This Order may be cited as the Local Loans (Increase of Limit) Order 1988, and shall come into force on the day after the day on which it is made.
2 
The sum of £42,000 million specified in section 4(1) of the National Loans Act 1968 as a limit for local loans shall be increased to £50,000 million.
Peter Lloyd
David Lightbown
Two of the Lords Commissioners of Her Majesty’s Treasury
28th March 1988