The Local Authorities (Capital Finance and Accounting) (England) (Amendment) (No.3) Regulations 2012

• Citation: S.I. 2012/1324
• Sections: 4

Section 1 Citation, commencement and application

(1) These Regulations may be cited as the Local Authorities (Capital Finance and Accounting) (England) (Amendment) (No.3) Regulations 2012.

(2) These Regulations shall come into force on 14th June 2012 and apply only in relation to local authorities in England.

Section 2 Amendment of Regulations

The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003 are amended as specified in regulations 3 and 4.

Section 3 Correction of definition

In regulation 1(5), in the definition of “affordable housing” and “provision of affordable housing” replace “regulation 17” with “regulation 18”.

Section 4 Schedule – Calculation of the sub-liability

In the Schedule—

(a) omit the names of the authorities and Column A (assumed debt for each quarter in a year) in the Table; and

(b) insert the names of the authorities and Column A (assumed debt for each quarter in a year) set out in the Schedule to these Regulations.