# The Local Authority (Capital Finance and Accounting) (Scotland) Regulations 2016, Regulation 4: Borrowing of money by a local authority


When exercising its power to borrow money, a local authority must have regard to generally recognised codes of practice and guidance in relation to capital finance and treasury management.

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Source: https://www.legislation.gov.uk/sdsi/2016/9780111031063/regulation/4 (the official version)
Page: https://openlegislation.uk/draft-local-authority-capital-finance-and-accounting-scotland-regulations-2016/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.