Local Government Act 2003 (c. 26)

SCHEDULES

SCHEDULE 7 U.K. Minor and consequential amendments

Yn ddilys o 18/11/2003

Greater London Authority Act 1999 (c. 29) E+W

Yn ddilys o 01/04/2004

72 (1) Section 119 (power to redistribute capital receipts of functional bodies) is amended as follows. E+W

(2) In subsection (2), for “expenditure for capital purposes” there is substituted “ capital expenditure ”.

(3) In subsection (3)—

(a) in paragraph (e), for “expenditure for capital purposes” there is substituted “ capital expenditure ”, and

(b) for paragraph (f) there is substituted—

“(f) for and in connection with treating the whole or a prescribed part of the relevant amount as added to the capital receipts of the assisted body, for the purposes of Chapter 1 of Part 1 of the Local Government Act 2003 (capital finance);”.