The Local Government Changes for England (Capital Finance) Regulations 1995

1. Introductory Text

2. PART I GENERAL

   1. 1. Citation and commencement

   2. 2. Interpretation

3. PART II APPLICATION OF PART IV OF THE 1989 ACT: GENERAL AND MISCELLANEOUS PROVISIONS

   1. 3. Application of Part IV of the 1989 Act: general

   2. 4. Joint and several liability for relevant matters

   3. 5. Borrowing limits

   4. 6. Register of loan instruments

   5. 7. Effect of certain capital grants on credit approvals

   6. 8. Aggregate credit limits

   7. 9. Interpretation of Part IV of the 1989 Act

4. PART III CAPITAL RECEIPTS

   1. 10. Interpretation of Part

   2. 11. Usable receipts of designated authority

   3. 12. Usable receipts of participant authority

   4. 13. Disposal of surplus land

5. PART IV PROVISION FOR CREDIT LIABILITIES

   1. 14. Interpretation of Part

   2. 15. PCL of designated authority

   3. 16. PCL of participant authority

6. PART V CREDIT CEILINGS AND MINIMUM REVENUE PROVISION

   1. 17. Interpretation of Part

   2. 18. Credit ceiling of shadow authority

   3. 19. Credit ceiling of designated authority

   4. 20. Credit ceiling of participant authority

   5. 21. Credit ceiling and adjusted credit ceiling on the last day of a financial year

   6. 22. Adjusted credit ceilings

   7. 23. Housing and non-housing component of designated successor authority

   8. 24. Housing component of newly-established participant authority

   9. 25. Housing component of participant authority

   10. 26. Non-housing component of participant authority

   11. 27. Minimum revenue provision of designated authority further adjustments

7. PART VI MINIMUM REVENUE PROVISION SAVINGS AND COMMUTATION ADJUSTMENTS

   1. 28. Commutation adjustments of designated successor authority

   2. 29. Commutation adjustments of newly-established authority

8. Signature

9. Explanatory Note