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Statutory Instruments

2004 No. 459

LOCAL GOVERNMENT, ENGLAND

The Local Authorities (Capital Finance) (Amendment) (England) Regulations 2004

Made

25th February 2004

Laid before Parliament

3rd March 2004

Coming into force

25th March 2004

The Secretary of State, in exercise of the powers conferred upon him by sections 42(4) and 190(1) of the Local Government and Housing Act 1989( 1 ) hereby makes the following Regulations:

Citation, commencement and application

1. —(1) These Regulations may be cited as the Local Authorities (Capital Finance) (Amendment) (England) Regulations 2004 and shall come into force on 25th March 2004

(2) The amendments made by these Regulations apply only in relation to local authorities in England.

Expenditure not required to be charged to a revenue account - expenditure in respect of liabilities for retirement benefits

2. In regulation 12B(2) of the Local Authorities (Capital Finance) Regulations 1997( 2 )—

(a) at the end of sub-paragraph (e), the word “and” shall be omitted; and

(b) after sub-paragraph (f), there shall be inserted—

(g) section 31 of the London County Council (General Powers) Act 1921(compensation to persons in Council’s service on abolition of office) ( 3 ) ; and

(h) the “principal civil service pension scheme” within the meaning of section 2(10) of the Superannuation Act 1972(further provisions relating to superannuation schemes under section 1) ( 4 ) and for the time being in force. .

Signed by authority of the First Secretary of State

Phil Hope

Parliamentary Under Secretary of State,

Office of the Deputy Prime Minister

25th February 2004

( 1 )

1989 c. 42 . The powers of the Secretary of State under sections 42 and 190 are, so far as exercisable in relation to Wales, transferred to the National Assembly for Wales by article 2 of the National Assembly for Wales (Transfer of Functions) Order 1999 ( S.I. 1999/672 ); see the entry in Schedule 1 for the Local Government and Housing Act 1989.

( 2 )

S.I. 1997/319 ; regulation 12B was inserted by S.I. 2003/515 .

( 4 )

1972 c. 11 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Local Authorities (Capital Finance) (Amendment) (England) Regulations 2004 (2004/459)

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