{
  "url": "https://openlegislation.uk/local-authority-stocks-and-bonds-scotland-amendment-regulations-1991/note",
  "json_url": "https://openlegislation.uk/local-authority-stocks-and-bonds-scotland-amendment-regulations-1991/note.json",
  "legislation": "uksi/1991/385",
  "legislation_title": "The Local Authority Stocks and Bonds (Scotland) Amendment Regulations 1991",
  "legislation_url": "https://openlegislation.uk/local-authority-stocks-and-bonds-scotland-amendment-regulations-1991",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend regulation 4(1) of the Local Authority Stocks and Bonds (Scotland) Regulations 1975 (“the principal Regulations”) by adding at sub-paragraph (c) terms of repayment of bonds issued by local authorities.\nRegulation 4(1)(c) of the principal Regulations, as amended by these Regulations, repeats a similar provision in a General Consent dated 19th October 1983, published by Her Majesty’s Stationery Office and issued under the Control of Borrowing Order 1958 (S.I. 1958/1208), which in turn was made under the Borrowing (Control and Guarantees) Act 1946 (c. 58) (“the 1946 Act”). The 1946 Act was repealed by section 4 of the Government Trading Act 1990 (c. 30), with effect on 11 th February 1991 in terms of the Government Trading Act 1990 (Appointed Day) Order 1991 (S. I. 1991/132), and therefore on that date the General Consent and Order mentioned above were revoked.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1991/385/note",
    "retrieved_at": "2026-10-29T14:50:33.254360+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."
}