# The Local Government (Promotion of Economic Development) (Amendment) Regulations 1990, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend regulation 4 of the Local Government (Promotion of Economic Development) Regulations 1990 (S.I. 1990/763). The effect of that regulation as amended is that an authority will be regarded as providing financial assistance under section 33(3)(f) of the Local Government and Housing Act 1989 if it provides property, services or other financial benefit for a consideration less than the best that can reasonably be obtained.

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Source: https://www.legislation.gov.uk/uksi/1990/789/note (the official version)
Page: https://openlegislation.uk/local-government-promotion-of-economic-development-amendment-regulations-1990/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.