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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

The Collection Fund (Wales) Regulations 1989 make provision as respects the collection funds maintained by charging authorities under Part VI of the Local Government Finance Act 1988. Regulations 7 and 8 make provision as to the payment and rate of interest on unpaid amounts.

These Regulations amend the method used in those Regulations for determining the appropriate rate of interest.