The Local Government Investments (Scotland) Regulations 2010

Documents relevant to investments

This sectionnoteType=Executive Note has no associated

3.  (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 2009(1); and

(b)‘The Prudential Code for Capital Finance in Local Authorities’ published by the Chartered Institute of Public Finance and Accountancy in 2009(2).

(1)

ISBN 9781-84508-205-5 Fully Revised Second Edition 2009.

(2)

ISBN 9781-84508-207-9 Fully Revised Second Edition 2009.