Regulation 1 Citation, commencement, extent and interpretation

These Regulations may be cited as the Major Precepting Authorities (Excessive Budget Requirements—Payments) (England) Regulations 2001, and shall come into force on 22nd February 2001.

These Regulations extend to England only and apply to sums payable by a major precepting authority under section 31 of the Local Government Act 1999 in respect of the financial year beginning with 1st April 2001.

In these Regulations:—

• “the 1992 Act” means the Local Government Finance Act 1992^f1;

• “the 1999 Act” means the Greater London Authority Act 1999^f2.