# The Metropolitan Police (Capital Finance) Order 2000, Note: Explanatory note


(This note is not part of the Order)
This Order contains amendments to Schedule 3 to the Local Government and Housing Act 1989 and the Local Authorities (Capital Finance) Regulations 1997 consequent upon establishing the Metropolitan Police Authority (“the MPA”). The MPA will be subject to Part IV of the Local Government and Housing Act 1989 which governs the capital finance system of specified authorities, but which does not apply to the Receiver for the Metropolitan Police District.
The Order—
(a) sets a credit ceiling and an adjusted credit ceiling for the MPA (articles 2 and 3(5));
(b) provides for certain sums paid to the MPA to be capital receipts (article 3(2)); and
(c) provides for the sums so paid to have a reserved part of 100% and to be disregarded in the calculation of the adjusted credit ceiling (article 3(3) and (6)).

---
Source: https://www.legislation.gov.uk/uksi/2000/1474/note (the official version)
Page: https://openlegislation.uk/metropolitan-police-capital-finance-order-2000/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.