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Infrastructure (Financial Assistance) Act 2012

Type of Bill:
Government Bill
Sponsors:
Mr George Osborne
HM Treasury
Lord Newby
HM Treasury

Progress of the Bill

Bill started in the House of Commons

  1. House of Commons
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  2. House of Lords
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  3. Consideration of Amendments
  4. Royal Assent

Last event

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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