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Part IIIFinancial Provisions

Chapter IVRevenue Accounts and Capital Finance

Supplementary provisions

126Interpretation of Chapter IV

(1)In this Chapter, unless the context otherwise requires—

(2)References in this Chapter to credit arrangements, or to entering into credit arrangements, shall be construed in accordance with Part IV of the [1989 c. 42.] Local Government and Housing Act 1989 (see section 48 of that Act).