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Statutory Instrument

The Local Authorities (Capital Finance) (Rate of Discount for 2001/02) (England) Regulations 2001

Citation
S.I. 2001/384
As at
Sections
2
Section 1Citation, commencement and extent

These Regulations, which extend to England only , may be cited as the Local Authorities (Capital Finance) (Rate of Discount for 2001/02) (England) Regulations 2001 and shall come into force on 1st April 2001.

Section 2Rate of discount

The percentage rate of discount prescribed for the financial year beginning on 1st April 2001 for the purposes of defining “r” in section 49(2) of the Local Government and Housing Act 1989 shall be 7.5 per cent.

2 sections

Cite this legislation

The Local Authorities (Capital Finance) (Rate of Discount for 2001/02) (England) Regulations 2001 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-2001-384

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

OGL-3

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