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1.—(1) This Order may be cited as the Local Government Reorganisation (Wales) (Capital Finance) Order 1996.
(2) This article and articles 2 and 3 of this Order shall come into force on 13th March 1996, and all other articles in this Order shall come into force on 1st April 1996.
(3) In this Order, except where the context otherwise requires—
“the 1989 Act” means the Local Government and Housing Act 1989(1);
“the 1994 Act” means the Local Government (Wales) Act 1994;
“the 1990 Regulations” means the Local Authorities (Capital Finance) Regulations 1990(2);
“designated authority”, in relation to an old authority, means the new authority designated with respect to that old authority under paragraph 12 of Schedule 17 to the 1994 Act(3);
“divided old authority” means an old authority which has two or more successor authorities;
“new authority” means a county or county borough council established under the 1994 Act;
“old authority” means a county or district council which will cease to exist as a result of the 1994 Act;
“successor authority”, in relation to an old authority, has the meaning given by section 53(2) of the 1994 Act;
“undivided old authority” means an old authority which has only one successor authority; and
“usable receipts” means the usable part of capital receipts (within the meaning of Part IV of the 1989 Act) which have not been applied as mentioned in section 60(2) of the 1989 Act.
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