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Statutory Instrument

The Local Authorities (Capital Finance) (Rate of Discount for 1999/2000) Regulations 1999

Citation
S.I. 1999/453
As at
Sections
2
Section 1

These Regulations may be cited as the Local Authorities (Capital Finance) (Rate of Discount for 1999/2000) Regulations 1999 and shall come into force on 1st April 1999.

Section 2

The percentage rate of discount prescribed for the financial year beginning on 1st April 1999 for the purposes of defining “r” in section 49(2) of the Local Government and Housing Act 1989 shall be 8.4 per cent.

2 sections

Cite this legislation

The Local Authorities (Capital Finance) (Rate of Discount for 1999/2000) Regulations 1999 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1999-453

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

OGL-3

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