The Local Authorities (Capital Finance and Accounting) (Wales) Regulations 2003 (Note)
United Kingdom Legislation - Explanatory Note (December 2003)
Coming into force on the 31/12/2003
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COMMENT
The Local Authorities (Capital Finance and Accounting) (Wales) Regulations 2003
The Local Authorities (Capital Finance and Accounting) (Wales) Regulations 2003 (Note)
Part 1 of the Local Government Act 2003 ("the 2003 Act") allows the National Assembly for Wales to make provision for a new system of local government capital finance to replace the existing regime set out in Part IV of the Local Government and Housing Act 1989. These regulations are made under the provisions in Part I of the 2003 Act.Regulation 2 specifies the Prudential Code for Capital Finance in Local Authorities (issued by th...
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