{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-wales-amendment-regulations-2026/regulation-2",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-wales-amendment-regulations-2026/regulation-2.json",
  "legislation": "wsi/2026/58",
  "legislation_title": "The Local Authorities (Capital Finance and Accounting) (Wales) (Amendment) Regulations 2026",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-wales-amendment-regulations-2026",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Amendments to the Local Authorities (Capital Finance and Accounting) (Wales) Regulations 2003",
  "text": "(1) The Local Authorities (Capital Finance and Accounting) (Wales) Regulations 2003 are amended as follows.\n(2) In regulation 24K (fair value gains and losses of pooled investment funds), for paragraph (5) substitute—\n“(5) This regulation applies in relation to accounts prepared for financial years falling within the period—\n(a) beginning with 1 April 2019 and ending with 31 March 2025;\n(b) beginning with 1 April 2025 and ending with 31 March 2029, in respect of an investment mentioned in paragraph (2)(a) that was made before 1 April 2025.”\n(3) In regulation 24L(6) (infrastructure assets)—\n(a) for “periods” substitute “period”;\n(b) for “2025” substitute “2029”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2003/3239 (W. 319); relevant amending instruments are S.I. 2020/110 (W. 19), 2022/1254 (W. 255) and 2023/439 (W. 67)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/wsi/2026/58/regulation/2",
    "retrieved_at": "2026-10-28T22:55:25.898630+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}