Article 2 Credit ceiling

— In relation to the Metropolitan Police Authority, Part III of Schedule 3 to the Local Government and Housing Act 1989^f1 shall apply as if—

(a)

for paragraph 8 there were substituted—

“8

The credit ceiling of the Metropolitan Police Authority at 3rd July 2000 (in this Schedule referred to as the Authority’s “initial credit ceiling”) is £160,645,003.”;

(b)

paragraph 9 were omitted;

(c)

for each reference in paragraphs 10 to 14 to 1st April 1990 there were substituted a reference to 3rd July 2000.

Annotations

Footnotes

f1: 1989 c. 42.