Consultation outcome

Transfer of functions from the Public Works Loan Board: new governance arrangements

This consultation has concluded

Download the full outcome

Transfer of functions from the Public Works Loan Board: response to the consultation

Detail of outcome

This document summarises the responses submitted and outlines the government’s response.

Original consultation

Summary

Seeking views on modernising the governance arrangements of central government lending to local authorities.

This consultation ran from
to

Consultation description

The Public Works Loan Board (PWLB) issues central government loans to local authorities in England, Scotland and Wales. In 2015 the government announced plans to abolish the PWLB and transfer its lending functions to another body using powers set out in the Public Bodies Act 2011.

This consultation seeks views on modernising the governance arrangements of central government lending to local authorities, to bring them in line with current lending policy and operational responsibilities. This proposed governance change has no impact on borrowing policy.

Documents

Published 12 May 2016
Last updated 14 November 2016 + show all updates
  1. Response document published
  2. First published.