{
  "url": "https://openlegislation.uk/residuary-body-for-wales-capital-finance-regulations-1995/schedule/paragraph-3",
  "json_url": "https://openlegislation.uk/residuary-body-for-wales-capital-finance-regulations-1995/schedule/paragraph-3.json",
  "legislation": "uksi/1995/101",
  "legislation_title": "The Residuary Body for Wales (Capital Finance) Regulations 1995",
  "legislation_url": "https://openlegislation.uk/residuary-body-for-wales-capital-finance-regulations-1995",
  "path": "schedule/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "Section 53 shall have effect as if:—\n(a) in subsection (1)—\n(i) at the beginning there were inserted the words “Subject to subsection (1A)”; and\n(ii) for the words “shall issue to each local authority” there were substituted the words “shall issue to the Residuary Body”; and\n(b) after subsection (1) the following subsection were inserted—\n“(1A) A basic credit approval for the financial year beginning on 1st April 1994 shall be issued as soon as reasonably practicable after the establishment of the Residuary Body.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/101/schedule/paragraph/3",
    "retrieved_at": "2026-10-29T13:18:30.563632+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}