# The Local Authorities (Capital Finance) (Amendment No. 2) Regulations 1996, Regulation 3: Initial and subsequent cost of credit arrangements


In regulation 7 —
(a) in paragraph (5C)(b), for “lst October 1997”substitute “1st April 1999”;
(b) in paragraph (5D), omit the words “exceeds three years and”; and
(c) in paragraph (5D)(b), after “the authority had a freehold interest in the land, or”insert the word “acquired”.

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Source: https://www.legislation.gov.uk/uksi/1996/2121/regulation/3 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-amendment-no-2-regulations-1996/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.