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British Library Board
(Power to Borrow) Act 2021
Act of Parliament
	Parliament of the United Kingdom
Long title	An Act to provide the British Library Board with a power to borrow money.
Citation	2021 c. 15
Introduced by	Bim Afolami (Commons); Lord Vaizey of Didcot (Lords)
Territorial extent	England and Wales, Scotland and Northern Ireland
Dates
Royal assent	29 April 2021
Commencement	29 June 2021
Status: Current legislation
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended

The British Library Board (Power to Borrow) Act 2021 (c. 15) is an act of the Parliament of the United Kingdom. The act allows the board of the British Library (which is a non-departmental public body) to borrow money.

Provisions

The provisions of the act are:

The amendment of the British Library Act 1972 to remove a clause which prohibited the Library's board from being able to borrow money.^[2]

Timetable

The Act was introduced in the House of Commons as a private member's bill by Bim Afolami,^[3] the Conservative MP for Hitchin and Harpenden, in February 2020. It had its second reading in March and was passed to the committee stage by September. The bill had its third reading on 12 March 2021, passing to the House of Lords the same day. It had its second reading in the Lords on 19 March and its third on 26 April, with the need for committee stage being discharged. Its final reading was on 26 April and it gained royal assent on 29 April 2021.^[4]