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Statutory Instrument 1995 No. 798

The Local Government Changes for England (Capital Finance) Regulations 1995

(The document as of February, 2008)

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STATUTORY INSTRUMENTS

1995 No. 798

LOCAL GOVERNMENT, ENGLAND

The Local Government Changes for England (Capital Finance) Regulations 1995

Made16th March 1995
Laid before Parliament17th March 1995
Coming into force
 Regulation 531st March 1995
 Remainder1st April 1995


ARRANGEMENT OF REGULATIONS

PART I
GENERAL
1. Citation and commencement
2. Interpretation
PART II
APPLICATION OF PART IV OF THE 1989 ACT: GENERAL AND MISCELLANEOUS PROVISIONS
3. Application of Part IV of the 1989 Act: general
4. Joint and several liability for relevant matters
5. Borrowing limits
6. Register of loan instruments
7. Effect of certain capital grants on credit approvals
8. Aggregate credit limits
9. Interpretation of Part IV of the 1989 Act
PART III
CAPITAL RECEIPTS
10. Interpretation of Part
11. Usable receipts of designated authority
12. Usable receipts of participant authority
13. Disposal of surplus land
PART IV
PROVISION FOR CREDIT LIABILITIES
14. Interpretation of Part
15. PCL of designated authority
16. PCL of participant authority
PART V
CREDIT CEILINGS AND MINIMUM REVENUE PROVISION
17. Interpretation of Part
18. Credit ceiling of shadow authority
19. Credit ceiling of designated authority
20. Credit ceiling of participant authority
21. Credit ceiling and adjusted credit ceiling on the last day of a financial year
22. Adjusted credit ceilings
23. Housing and non-housing component of designated successor authority
24. Housing component of newly-established participant authority
25. Housing component of participant authority
26. Non-housing component of participant authority
27. Minimum revenue provision of designated authority further adjustments
PART VI
MINIMUM REVENUE PROVISION SAVINGS AND COMMUTATION ADJUSTMENTS
28. Commutation adjustments of designated successor authority
29. Commutation adjustments of newly-established authority

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