OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

The Local Government Reorganisation (Wales) (Capital Finance and Miscellaneous Provisions) Order 1996 makes further provision in relation to financial matters consequent upon the reorganisation of local government in Wales by the Local Government (Wales) Act 1994.

Article 4 of the Local Government Reorganisation (Wales) (Capital Finance and Miscellaneous Provisions) Order 1996 adds an old authority’s usable capital receipts to those of the new authority designated to close its accounts and paragraph (3) of that Article restricts the application of the usable receipts of a divided old authority.

This Order modifies that restriction by making provision for such usable receipts to be distributed by designated authorities among successor authorities.