The Local Authorities (Capital Finance) (Amendment) (England) Regulations 2004

• Citation: S.I. 2004/459
• Sections: 2

Section 1 Citation, commencement and application

(1) These Regulations may be cited as the Local Authorities (Capital Finance) (Amendment) (England) Regulations 2004 and shall come into force on 25th March 2004

(2) The amendments made by these Regulations apply only in relation to local authorities in England.

Section 2 Expenditure not required to be charged to a revenue account - expenditure in respect of liabilities for retirement benefits

In regulation 12B(2) of the Local Authorities (Capital Finance) Regulations 1997 —

(a) at the end of sub-paragraph (e), the word “and” shall be omitted; and

(b) after sub-paragraph (f), there shall be inserted—

(g) section 31 of the London County Council (General Powers) Act 1921 (compensation to persons in Council’s service on abolition of office) ; and

(h) the “principal civil service pension scheme” within the meaning of section 2(10) of the Superannuation Act 1972 (further provisions relating to superannuation schemes under section 1) and for the time being in force.