# The Local Authorities (Capital Finance) Regulations 1997, Regulation 163: Savings

Extent: E+W
Status: prospective

(1) Any provisions of the 1990 Regulations under which a local authority are required to determine any amount for any financial year ending before 1st April 1997 shall continue to have effect for the purpose only of the determination of all such amounts.
(2) The following provisions of the 1990 Regulations shall continue to have effect for the purpose only of the determination by a local authority of the amounts referred to in regulations 139, 140 and 151—
(a) Parts II and III of Schedule 5; and
(b) any other provision by reference to which the authority determine in accordance with those Parts of that Schedule the housing component and non-housing component of their adjusted credit ceiling on 31st March 1997, and their housing amount, non-housing amount and relevant amount for the financial year beginning on 1st April 1997.
(3) Where, for any financial year, a local authority have not yet made the calculation required by virtue of paragraph 7 of Schedule 6 to the 1990 Regulations, Part IV of that Schedule shall continue to have effect for the purpose only of the making of the necessary calculation.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/163 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-163
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

