# Local Government Finance (Supplementary Credit Approvals) Act 1997 (repealed)

1997 c. 63 · enacted 6 November 1997 · revised to 1 April 2004

An Act to permit account to be taken of the reserved part of capital receipts in determining the amount of a supplementary credit approval to be issued to a local authority; and to substitute a power for the existing duty to specify an amortisation period when issuing a supplementary credit approval to a local authority in respect of expenditure treated by the authority as expenditure for capital purposes.

PDFs: Printed copy https://openlegislation.uk/local-government-finance-supplementary-credit-approvals-act-1997-repealed/pdf/ukpga_19970063_en.pdf

## Introductory text

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## 1 Power to take account of reserved part of capital receipts.

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## 2 Power in place of duty to specify amortisation period.

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## 3 Short title and extent.

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Source: https://www.legislation.gov.uk/ukpga/1997/63 (the official version)
Page: https://openlegislation.uk/local-government-finance-supplementary-credit-approvals-act-1997-repealed
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.