# The Local Loans (Procedure) (Amendment) Regulations 2010, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Local Loans (Procedure) Regulations 1968, to allow the Public Works Loan Commissioners to keep bank accounts at banks other than the Bank of England.
In addition, the amendments give more flexibility to the Commissioners in the way they make advances to borrowers.

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Source: https://www.legislation.gov.uk/uksi/2010/2576/note (the official version)
Page: https://openlegislation.uk/local-loans-procedure-amendment-regulations-2010/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.