# Budget (Scotland) Act 2003, Section 5: Capital expenditure of, and borrowing by, certain statutory bodies


(1) The amount specified for financial year 2003/04 for the purposes of section 94(5) of the Local Government (Scotland) Act 1973 (c. 65) (relevant expenditure arising from capital expenses of local authorities etc.) is £531,912,000.
(2) In schedule 5, the amounts set out in column 2 are the amounts specified for financial year 2003/04 for the purposes of the enactments listed in the corresponding entries in column 1 (which make provision as to the net borrowing of the bodies mentioned in that column).

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Source: https://www.legislation.gov.uk/asp/2003/6/section/5 (the official version)
Page: https://openlegislation.uk/budget-scotland-act-2003/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

