OpenLegislation

Regulation 2 Code of practiceI1

England and Wales

In complying with their duties under section 3(1) and (2) (duty to determine affordable borrowing limit), a local authority and the Mayor of London shall have regard to the code of practice entitled the “Prudential Code for Capital Finance in Local Authorities” published by CIPFA, as amended or reissued from time to timef1.

Annotations

Commencement

I1

Reg. 2 in force at 1.1.2004 for specified purposes and 1.4.2004 in so far as not already in force, see reg. 1(1)

Footnotes

f1

The current issue of this code of practice was published in London in 2003. ISBN 0 85299 989 5.