Section 1
These Regulations may be cited as the Local Authorities (Capital Finance) (Rate of Discount for 1998/99) Regulations 1998 and shall come into force on 1st April 1998.
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Statutory Instrument
The Local Authorities (Capital Finance) (Rate of Discount for 1998/99) Regulations 1998
Section 2
The percentage rate of discount prescribed for the financial year beginning on 1st April 1998 for the purposes of defining “r” in section 49(2) of the Local Government and Housing Act 1989 shall be 8.8 per cent.
2 sections
Cite this legislation
The Local Authorities (Capital Finance) (Rate of Discount for 1998/99) Regulations 1998 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1998-529
Contains public sector information licensed under the Open Government Licence v3.0.
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