# The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2010, Regulation 5: Expenditure to be capital expenditure


In regulation 25(3)—
(a) at the end of sub-paragraph (c), for “,” substitute “; or”; and
(b) after subparagraph (c) insert—
“(d) the acquisition of shares in an investment scheme approved by the Treasury under section 11(1) of the Trustee Investments Act 1961 (local authority investment schemes),”.

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Source: https://www.legislation.gov.uk/uksi/2010/454/regulation/5 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-amendment-england-regulations-2010/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.