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Infrastructure (Financial Assistance) Act 2012

This bill authorizes government spending of up to £50 billion to provide financial assistance (loans, guarantees, indemnities) to infrastructure projects struggling to secure private finance during constrained market conditions.

To make provision in connection with the giving of financial assistance in respect of the provision of infrastructure

Status: Act of Parliament

Current House: Unassigned

Stage: Royal Assent

Sponsored by: Mr George Osborne, Lord Newby

Introduced: 2012-09-06

Royal Assent: 2012-10-31