# The Local Government Act 2003 (Commencement No. 1 and Transitional Provisions and Savings) Order 2003, Paragraph 16: Capital finance—Part 1 of the Act


Any regulations made or directions given under section 4 of the Act (imposition of borrowing limits) shall not apply in relation to the financial year beginning on 1st April 2003.

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Source: https://www.legislation.gov.uk/uksi/2003/2938/schedule/paragraph/16 (the official version)
Page: https://openlegislation.uk/local-government-act-2003-commencement-no-1-and-transitional-provisions-and-savings-order-2003/schedule/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.