{
  "url": "https://openlegislation.uk/local-government-miscellaneous-amendments-eu-exit-regulations-2018/regulation-3",
  "json_url": "https://openlegislation.uk/local-government-miscellaneous-amendments-eu-exit-regulations-2018/regulation-3.json",
  "legislation": "uksi/2018/1386",
  "legislation_title": "The Local Government (Miscellaneous Amendments) (EU Exit) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/local-government-miscellaneous-amendments-eu-exit-regulations-2018",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendment of the Local Authorities (Funds) (England) Regulations 1992",
  "text": "The Local Authorities (Funds) (England) Regulations 1992 are amended as follows—\n(a) in regulation 13(1)(b) and (2)(b) (holdings and investments) omit the words “in a prescribed investment”;\n(b) for regulation 13(3) substitute—\n“(3) In carrying out its function of investment pursuant to paragraphs (1)(b) or (2)(b), a billing authority shall have regard to the code of practice contained in the document entitled “Treasury Management in the Public Services: Code of Practice and Cross-Sectoral Guidance Notes” (2017 Edition) published by the Chartered Institute of Public Finance and Accountancy.”;\n(c) omit Schedule 3 (prescribed investments).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1992/2428. There are no relevant amendments."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "ISBN 978 1 84508 495 0."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2018/1386/regulation/3",
    "retrieved_at": "2026-10-28T22:50:03.719175+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."
}