# The Local Authority (Capital Finance and Accounting) (Scotland) Regulations 2016, Regulation 15: Consequential amendments


(1) In section 37(1) (general interpretation) of the Local Government (Scotland) Act 1975, in the definition of “prescribed” the words “, except in paragraph 6 of Schedule 3,” are repealed.
(2) In Schedule 3 to that Act—
(a) in paragraph 22(3) (operation of capital, renewal and repair, and insurance funds), for “advanced to the loans fund” substitute “used for any purpose for which a local authority may borrow money”; and
(b) in paragraph 25(2)(b) (repayment of fund advances)—
(i) the word “earlier” is repealed; and
(ii) the words from “within”, where it first occurs, to “period”, where it second occurs, are repealed.
(3) In section 33(1) of the Order in the Schedule to the Tay Road Bridge Order Confirmation Act 1991 (advances by councils to Tay Road Bridge Joint Board) , the words from “, in” to “1975,” are repealed.

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Source: https://www.legislation.gov.uk/sdsi/2016/9780111031063/regulation/15 (the official version)
Page: https://openlegislation.uk/draft-local-authority-capital-finance-and-accounting-scotland-regulations-2016/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.