# The Local Authorities (Capital Finance) Regulations 1997, Regulation 125: Basis of determination

Extent: E+W
Status: prospective

The starting point for determining a local authority’s adjusted credit ceiling on 1st April 1997 shall be the amount which was the authority’s adjusted credit ceiling on 31st March 1997.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/125 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-125
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.