# The Local Authorities (Capital Finance) (Amendment) Regulations 1997, Regulation 6: Disposal of property under a private finance transaction


In regulation 112, substitute the following paragraph for paragraph (1)—
“(1) In this regulation, “relevant arrangement” means a credit arrangement—
(a) which is a private finance transaction for the purposes of Part IV of these Regulations; and
(b) of which the initial cost falls to be determined under regulation 40, 41 or 42, or which is entered into in reliance on a supplementary credit approval which applies for the purposes of the transaction and for no other purposes.”.

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Source: https://www.legislation.gov.uk/uksi/1997/848/regulation/6 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-amendment-regulations-1997/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.