Regulation 3 Documents relevant to investments

(1)

When making investments a local authority must—

(a)

comply with the requirements of any consent issued by the Scottish Ministers; and

(b)

have regard to the documents specified in paragraph (2).

(2)

The documents referred to in paragraph (1)(b) are—

(a)

‘Treasury Management in the Public Services: Code of Practice and Cross-sectoral Guidance Notes’ published by the Chartered Institute of Public Finance and Accountancy in 2009^f1; and

(b)

‘The Prudential Code for Capital Finance in Local Authorities’ published by the Chartered Institute of Public Finance and Accountancy in 2009^f2.

Annotations

Footnotes

f1: ISBN 9781-84508-205-5 Fully Revised Second Edition 2009.
f2: ISBN 9781-84508-207-9 Fully Revised Second Edition 2009.