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This paper on the Loans to Ireland Bill has been prepared for the Second Reading Debate on the Bill in the House of Commons. The Bill authorises the Treasury to loan up to £3.25bn to Ireland, and contains an order-making power to increase this limit subject to affirmative procedure in the Commons. It also arranges for six-monthly reporting to Parliament on the status of the loan. All Commons stages were taken on 15 December 2010.


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