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Local Government (Contracts) Act 1997

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10Power to treat expenditure as not being capital expenditure

In section 57 of the Justices of the [1997 c. 25.] Peace Act 1997 (grants by the Lord Chancellor towards the capital and other expenditure of authorities responsible for providing accommodation etc. for magistrates' courts), after subsection (4) insert—

(4A)The Lord Chancellor, with the concurrence of the Treasury, may by statutory instrument make regulations providing that any expenditure of responsible authorities in pursuance of their functions under this Part of this Act which is of a description specified in the regulations shall be taken not to be capital expenditure for the purposes of section 55(3) or (7) above or this section.

(4B)A statutory instrument containing (whether alone or with other provisions) regulations made by virtue of subsection (4A) above shall be subject to annulment in pursuance of a resolution of either House of Parliament.

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