Documents relevant to investments3
1
When making investments a local authority must—
a
comply with the requirements of any consent issued by the Scottish Ministers; and
b
have regard to the documents specified in paragraph (2).
2
The documents referred to in paragraph (1)(b) are—
a
‘Treasury Management in the Public Services: Code of Practice and Cross-sectoral Guidance Notes’ published by the Chartered Institute of Public Finance and Accountancy in 20092; and
b
‘The Prudential Code for Capital Finance in Local Authorities’ published by the Chartered Institute of Public Finance and Accountancy in 20093.