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The Local Government Act 2003 (Commencement No. 1 and Transitional Provisions and Savings) Order 2003

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Capital finance—Part 1 of the Act

15.  Any determination made under section 3(1) or (2) of the Act (duty to determine affordable borrowing limit) shall not apply in relation to how much money the authority can afford to borrow in the financial year beginning on 1st April 2003.

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