{
  "url": "https://openlegislation.uk/collection-fund-wales-regulations-1989/regulation-10",
  "json_url": "https://openlegislation.uk/collection-fund-wales-regulations-1989/regulation-10.json",
  "legislation": "uksi/1989/2363",
  "legislation_title": "The Collection Fund (Wales) Regulations 1989",
  "legislation_url": "https://openlegislation.uk/collection-fund-wales-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) invested in a prescribed investment;\n(b) held in cash; or\n(c) transferred to the charging authority’s general fund.\n(2) Any sum transferred under paragraph (1) from an authority’s collection fund to its general fund shall be—\n(a) invested in a prescribed investment;\n(b) held in cash; 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/1989/2363/regulation/10",
    "retrieved_at": "2026-10-29T15:31:15.440186+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."
}