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Statutory Instrument

The Local Authorities (Capital Finance) (Rate of Discount for 1997/98) Regulations 1997

Citation
S.I. 1997/381
As at
Sections
2
Section 1

These Regulations may be cited as the Local Authorities (Capital Finance) (Rate of Discount for 1997/98) Regulations 1997 and shall come into force on 1st April 1997.

Section 2

The percentage rate of discount prescribed for the financial year beginning on 1st April 1997 for the purposes of defining “r” in section 49(2) of the Local Government and Housing Act 1989 shall be 8.9 per cent.

2 sections

Cite this legislation

The Local Authorities (Capital Finance) (Rate of Discount for 1997/98) Regulations 1997 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1997-381

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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