# The Local Authorities (Precepts) (Wales) Regulations 1995, Regulation 2: Interpretation


(1) In these Regulations—
“the 1992 Act” means the Local Government Finance Act 1992;
“the 1992 Regulations” means the Local Authorities (Funds) (Wales) Regulations 1992;
“relevant local precepting authority”, in relation to a billing authority, means any community council having power to issue a precept to that billing authority;
“relevant major precepting authority”, in relation to a billing authority, means the police authority established under section 3 of the Police Act 1964, having power to issue a precept to that billing authority;
“relevant precepting authority”, in relation to a billing authority, means the relevant major precepting authority and each relevant local precepting authority;
“schedule of instalments” means:
(a) a schedule determined, or to be determined, by a billing authority in accordance with regulation 4 and, where it applies, regulation 6, with respect to the times for and the number and amounts of payments from its council fund in respect of its liabilities; and
(b) in relation to a financial year for which such a schedule has been so determined, means the schedule which currently has effect for that financial year; and
“working day” means any day other than a Saturday, Sunday, or bank holiday.
(2) Any reference in these Regulations (however framed) to liability in relation to a billing authority is a reference to the liability of a billing authority to pay anything from its council fund in respect of any precept issued by a relevant precepting authority under Chapter IV of Part I of the 1992 Act, after taking into account any amount credited against that liability by that relevant precepting authority under section 42(4) of that Act.
(3) References in these Regulations to a working day in one month and a working day in another month shall be treated (in relation to each other) as the same working day of a different month if, and only if, both such working days can be identified
(a) by the same name of a day in a week ( whether Monday, Tuesday, Wednesday, Thursday or Friday), and also
(b) by reference to the same position in a month relative to other days of that name (whether the first, second, third or fourth day of that name in a month).

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Source: https://www.legislation.gov.uk/uksi/1995/2562/regulation/2 (the official version)
Page: https://openlegislation.uk/local-authorities-precepts-wales-regulations-1995/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.