Regulation 2 Expenditure not required to be charged to a revenue account - expenditure in respect of liabilities for retirement benefits

In regulation 12B(2) of the Local Authorities (Capital Finance) Regulations 1997^f1—

(a)

at the end of sub-paragraph (e), the word “and” shall be omitted; and

(b)

after sub-paragraph (f), there shall be inserted—

“(g)

section 31 of the London County Council (General Powers) Act 1921 (compensation to persons in Council’s service on abolition of office)^f2; and

(h)

the “principal civil service pension scheme” within the meaning of section 2(10) of the Superannuation Act 1972 (further provisions relating to superannuation schemes under section 1)^f3 and for the time being in force.”.

Annotations

Footnotes

f1: S.I. 1997/319; regulation 12B was inserted by S.I. 2003/515.
f2: 1921 c. l; section 31 was amended by S.I. 1974/520, S.I. 1977/1341 and section 40 of the Greater London Council (General Powers) Act 1968 (c. xxxix).
f3: 1972 c. 11.