Explanatory note
(This note is not part of the Regulations)
The Local Authorities (Capital Finance) (Approved Investments) Regulations 1990 contain a list of investments approved by the Secretary of State for the purposes of Part IV of the Local Government and Housing Act 1989. These Regulations amend the 1990 Regulations by adding investments in money market funds and deposits with the Treasury to the list of approved investments. They also make consequential amendments to the Local Authorities (Capital Finance) Regulations 1997.