# The Residuary Body for Wales (Capital Finance) Regulations 1995, Paragraph 5


Schedule 3 shall have effect as if:—
(a) paragraphs 1 to 9 were omitted;
(b) in paragraph 10(1), for the words “1st April 1990” there were substituted the words “1st February 1995”;
(c) after paragraph 10(1) the following sub-paragraph were inserted—
“(1A) Subject to the provisions of paragraphs 11, 12, 13 and 14 below, the Residuary Body’s credit ceiling on 1st February 1995 shall be nil.”;
(d) in paragraphs 11, 12, 13 and 14, for the words “1st April 1990” wherever they appear, there were substituted the words “1st February 1995”; and
(e) in paragraph 15—
(i) in sub-paragraph (1), after the word “sub-paragraphs”, there were inserted the word “(1A),”, and after the word “principal” there were inserted the words “(“principal amount”)”; and
(ii) after sub-paragraph (1) the following sub-paragraph were inserted—
“(1A) For the financial years beginning on 1st April 1994 and 1st April 1995 the Residuary Body’s principal amount shall be nil.”.

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Source: https://www.legislation.gov.uk/uksi/1995/101/schedule/paragraph/5 (the official version)
Page: https://openlegislation.uk/residuary-body-for-wales-capital-finance-regulations-1995/schedule/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.