Infrastructure (Financial Assistance) Act 2012
Progress of the Bill
Bill started in the House of Commons
- House of Commons
- House of Lords
- Royal Assent
- Royal Assent 31 October, 2012 | 31.10.2012
Act of Parliament
This Act is being prepared for publication.
Latest news on the Infrastructure (Financial Assistance) Act 2012
Following agreement by both Houses on the text of the Bill it received Royal Assent on 31 October. The Bill is now an Act of Parliament (law).
Summary of the Infrastructure (Financial Assistance) Act 2012
The Bill allows the Government to provide financial assistance of up to £50 billion in support of infrastructure investment. This limit could be increased by order.
The Government would have to report to Parliament at the end of each financial year on any commitments made under the Bill’s provisions.
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