# The Local Authorities (Capital Finance) Regulations 1997, Regulation 129: Amounts set aside—interests in a regulated company

Extent: E+W
Status: prospective

In determining their adjusted credit ceiling at any time, a local authority shall disregard any reduction in their credit ceiling which results from the setting aside of any amount which the authority determine to set aside as credit cover in accordance with article 14 of the Local Authorities (Companies) Order 1995.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/129 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-129
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.