{
  "url": "https://openlegislation.uk/local-government-act-2003/section-5",
  "json_url": "https://openlegislation.uk/local-government-act-2003/section-5.json",
  "legislation": "ukpga/2003/26",
  "legislation_title": "Local Government Act 2003",
  "legislation_url": "https://openlegislation.uk/local-government-act-2003",
  "path": "section/5",
  "kind": "section",
  "number": "5",
  "heading": "Temporary borrowing",
  "text": "(1) Subject to subsection (2), any limit for the time being determined by or for a local authority under section 3, or applicable to it under section 4 or 12A, shall be treated for the purposes of this Chapter as increased by the amount of any payment which—\n(a) is due to the authority in the period to which the limit relates, but\n(b) has not yet been received by it.\n(2) In the case of a limit determined under section 3, or set under section 4(2) or 12A, subsection (1) shall not apply to any payment whose delayed receipt was taken into account in arriving at the limit.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 5(1) inserted (31.1.2024) by Levelling-up and Regeneration Act 2023 (c. 55), ss. 78(4)(a), 255(2)(p) (with s. 247); S.I. 2024/92, reg. 2(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 5(2) inserted (31.1.2024) by Levelling-up and Regeneration Act 2023 (c. 55), ss. 78(4)(b), 255(2)(p) (with s. 247); S.I. 2024/92, reg. 2(a)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 5 in force at 27.11.2003 for W. for the purpose of and in relation to financial years beginning on or after 1.4.2004 by S.I. 2003/3034, art. 2, Sch. 1 Pt. I (with Sch. 2 para. 3)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 5 in force at 1.4.2004 for E. by S.I. 2003/2938, art. 7(a) (with art. 8, Sch.)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2003/26/section/5",
    "retrieved_at": "2026-10-29T09:18:07.059359+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."
}