Budget (Scotland) Act 2003

Capital expenditure of, and borrowing by, certain statutory bodies S

5 Capital expenditure of, and borrowing by, certain statutory bodies S

(1) The amount specified for financial year 2003/04 for the purposes of section 94(5) of the Local Government (Scotland) Act 1973 (c. 65) (relevant expenditure arising from capital expenses of local authorities etc.) is [F1 £531,912,000].

(2) In schedule 5, the amounts set out in column 2 are the amounts specified for financial year 2003/04 for the purposes of the enactments listed in the corresponding entries in column 1 (which make provision as to the net borrowing of the bodies mentioned in that column).

Textual Amendments

F1 Word in s. 5(1) substituted (19.3.2004) by Budget (Scotland) Act 2003 Amendment Order 2004 (S.S.I. 2004/147), arts. 1, 2(3)