# The Local Government (Scotland) Act 1975 (Local Authority Borrowing Limit) Order 1993, Note: Explanatory note


(This note is not part of the Order)
The Order increases the amount which a local authority in Scotland may borrow by the issue of bills under paragraph 6(1) of Schedule 3 to the Local Government (Scotland) Act 1975 to a sum equal to one third of its estimated gross yearly income from rates, the council tax and the council water charge.

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Source: https://www.legislation.gov.uk/uksi/1993/1900/note (the official version)
Page: https://openlegislation.uk/local-government-scotland-act-1975-local-authority-borrowing-limit-order-1993/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.