The Treasury Minute, fixing Rates of Interest on Local Loans (other than Loans to Local Authorities) 1952
My Lords read Section 4 of the Public Works Loans Act, 1918, by which it is declared that the power of the Treasury under Section 1 of the Public Works Loans Act, 1897, as amended by Section 4 of the Public Works Loans Act, 1917, to fix rates of interest on loans made out of the Local Loans Fund otherwise than on the security of local rates includes (subject always to the provisions of the said Sections) a power to fix rates of interest differing from the rates fixed for loans made out of tha...