{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-regulations-1990/regulation-21",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-regulations-1990/regulation-21.json",
  "legislation": "uksi/1990/432",
  "legislation_title": "The Local Authorities (Capital Finance) Regulations 1990",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-regulations-1990",
  "path": "regulation/21",
  "kind": "regulation",
  "number": "21",
  "heading": "Modifications of initial credit ceiling and credit ceiling on or after 1st April 1990",
  "text": "(1) The modifications of a local authority’s initial credit ceiling mentioned in Part I of Schedule 3 to these Regulations are prescribed for the purposes of paragraph 8 of Schedule 3 to the Act.\n(2) A local authority’s credit ceiling shall be determined at any time on or after 1st April 1990 in accordance with paragraphs 11 to 14 of Schedule 3 to the Act subject to the modification which is mentioned in Part II of Schedule 3 to these Regulations and which is prescribed for the purposes of paragraph 10 of Schedule 3 to the Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1995/850",
      "affecting_title": "The Local Authorities (Capital Finance and Approved Investments) (Amendment) Regulations 1995"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1990/432/regulation/21",
    "retrieved_at": "2026-10-29T15:26:08.152586+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."
}