The Local Authorities (Capital Finance) (Rate of Discount for 2003/04) (England) Regulations 2003

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Statutory Instrument

The Local Authorities (Capital Finance) (Rate of Discount for 2003/04) (England) Regulations 2003

Citation

S.I. 2003/248

As at

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Sections

Source

legislation.gov.uk (The National Archives)

View on legislation.gov.uk

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 2003/04) (England) Regulations 2003 and shall come into force on 1st April 2003.

Section 2Rate of discount

The percentage rate of discount prescribed for the financial year beginning on 1st April 2003 for the purposes of defining “r” in section 49(2) of the Local Government and Housing Act 1989 shall be 7.0 per cent.

2 sections

Cite this legislation

The Local Authorities (Capital Finance) (Rate of Discount for 2003/04) (England) Regulations 2003 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-2003-248

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

OGL-3

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