Will the noble Lord expand on his first point, which concerned the situation of stock transfer authorities such as his own? I agreed with so much of what he said. Given that he has no high-value council property to enter into forced sales, as we have been discussing, to finance RTB for housing association tenants, his authority will, instead, be levied to fund it, in the absence of stock to sell. Has he made any estimate, in his budgets for the forthcoming year, of the scale of that levy and how it interacts with his ability to manage local authority finances?
Housing and Planning Bill
Proceeding contribution from
Baroness Hollis of Heigham
(Labour)
in the House of Lords on Thursday, 10 March 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Housing and Planning Bill.
About this proceeding contribution
Reference
769 c1433 Session
2015-16Chamber / Committee
House of Lords chamberLibrarians' tools
Timestamp
2016-04-13 16:38:27 +0100
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