Paragraph 4

A reference to a loan instrument in–

(a)

regulation 2 of the Local Authorities (Capital Finance) Regulations 1997^f1;

(b)

the Local Authorities (Capital Finance)(Approved Investments) Regulations 1990^f2,

includes a reference to uncertificated units of a dematerialised loan instrument.

Annotations

f1: S.I. 1997/319, to which there are amendments not relevant to these Regulations.
f2: S.I. 1990/426.