{
  "url": "https://openlegislation.uk/draft-combined-authorities-borrowing-regulations-2022/note",
  "json_url": "https://openlegislation.uk/draft-combined-authorities-borrowing-regulations-2022/note.json",
  "legislation": "ukdsi/2022/9780348231625",
  "legislation_title": "The Combined Authorities (Borrowing) Regulations 2022",
  "legislation_url": "https://openlegislation.uk/draft-combined-authorities-borrowing-regulations-2022",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nSection 1 of the Local Government Act 2003, read with section 23(5) of that Act, gives mayoral combined authorities the power to borrow money for a purpose relevant to its transport functions. Regulation 2 of these Regulations provides certain such authorities with the power to borrow money for any of their other functions not just transport.\nA full regulatory impact assessment has not been prepared as this instrument will have no impact on the costs of business and the voluntary sector.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2022/9780348231625/note",
    "retrieved_at": "2026-10-30T14:45:56.030363+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."
}