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The Local Government Act 1988 (Competition) (Financial Services) (England) Regulations 1995
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- 1995 No. 2916
- Explanatory Note
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Explanatory Note
(This note is not part of the Regulations)
These regulations make provision under Part 1 of the Local Government Act 1988 (“the Act”) in respect of the defined activity of financial services.
Regulation 3 applies section 6 of the Act to a specified proportion of this activity from the dates specified in that regulation, so that from those dates defined authorities are required to compete for such work if they wish to carry it out themselves.
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