The Public Works Loan Board lends money from the National Loans Fund to local authorities in England, Scotland and Wales and collects the associated repayments.
Dates in its present form from 1875. Up to twelve Commissioners are appointed by the Crown to serve for individual terms of four years. The PWLB's functions are entirely carried out by, and incorporated into, the UK Debt Management Office (DMO) through the nomination of DMO staff to the statutory executive roles of the public body. The activities of PWLB are allocated across the UK DMO's organisational structure and carried out by its civil servants.
|Chairs Remuneration (p.a. unless otherwise stated)|
|Chief Executive / Secretary Remuneration||Civil Servant|
|Register of Interests||Yes|
|Last Annual Report||2012-13|