
1 

(1) This Order may be cited as the Local Loans (Increase of Limit) Order 2024 and comes into force on the day after the day on which it is made.
(2) This Order extends to England and Wales, Scotland and Northern Ireland.
2 
The sum of £135 billion is specified for the purposes of section 4(1) of the National Loans Act 1968 (limit for local loans).
Jeff Smith
Vicky Foxcroft
Two of the Lords Commissioners of His Majesty’s Treasury
21st November 2024