126 Interpretation of Chapter IV.E+W+S
[F1(1)In this Chapter—
“capital expenditure” and “capital receipt” have the same meaning as in Chapter 1 of Part 1 of the Local Government Act 2003 (capital finance);
“capital spending plan” means a capital spending plan under section 122 above.]
(2)References in this Chapter to credit arrangements, or to entering into credit arrangements, shall be construed in accordance with [F2Chapter 1 of Part 1 of the Local Government Act 2003 (see section 7] of that Act).
Textual Amendments
F1S. 126(1) substituted (1.4.2004) by Local Government Act 2003 (c. 26), s. 128(3)(e), Sch. 7 para. 78(2); S.I. 2003/2938, art. 6(d)(i) (with art. 8, Sch.)
F2Words in s. 126(2) substituted (1.4.2004) by Local Government Act 2003 (c. 26), s. 128(3)(e), Sch. 7 para. 78(3); S.I. 2003/2938, art. 6(d)(i) (with art. 8, Sch.)