{
  "url": "https://openlegislation.uk/collection-fund-england-regulations-1989/regulation-10",
  "json_url": "https://openlegislation.uk/collection-fund-england-regulations-1989/regulation-10.json",
  "legislation": "uksi/1989/2336",
  "legislation_title": "The Collection Fund (England) Regulations 1989",
  "legislation_url": "https://openlegislation.uk/collection-fund-england-regulations-1989",
  "path": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Holdings and investments",
  "text": "(1) Any sum paid into a charging authority’s collection fund which is not immediately required for the purpose of making payments or transfers from that fund shall be–\n(a) held in cash;\n(b) invested in a prescribed investment; or\n(c) transferred to the charging authority’s general fund or the City fund (as the case may be).\n(2) Any sum transferred under paragraph (1) from an authority’s collection fund to its general fund or the City fund shall be–\n(a) held in cash;\n(b) invested in a prescribed investment; or\n(c) used for the discharge of the authority’s functions.\n(3) A prescribed investment is an investment prescribed in Schedule 2 to these Regulations.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/2336/regulation/10",
    "retrieved_at": "2026-10-29T15:31:39.632341+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}