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Regulation 4 Amendment of Regulations: capital finance

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Local Government Changes for England (Capital Finance) Regulations 1995f1 shall be amended in accordance with the following paragraphs of this regulation.

(2)

In regulation 7 (effect of certain capital grants on credit approvals), for “by virtue of regulation 3(1)” substitute “by virtue of regulation 3(2)”.

(3)

In regulation 15 (PCL of designated authority), in paragraph (2), delete “(1) or (2)”.

(4)

In regulation 16 (PCL of participant authority), delete “(1) Subject to paragraph (2)”.

Annotations

Footnotes

f1

S.I. 1995/798.