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Local Government Act 2003
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Local Government Act 2003, Paragraph 72 is up to date with all changes known to be in force on or before 26 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Schedule 7 Paragraph 72:
- s. 18(2A) inserted by 2007 c. 28 Sch. 14 para. 5(2)(b)
- s. 24(1) s. 24 renumbered as s. 24(1) by 2007 c. 28 Sch. 14 para. 5(3)
- s. 24(2) inserted by 2007 c. 28 Sch. 14 para. 5(3)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- s. 18(2A) inserted by 2007 c. 28 Sch. 14 para. 5(2)(b)
- s. 24(1) s. 24 renumbered as s. 24(1) by 2007 c. 28 Sch. 14 para. 5(3)
- s. 24(2) inserted by 2007 c. 28 Sch. 14 para. 5(3)
This section has no associated Explanatory Notes
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);”.
Commencement Information
I1Sch. 7 para. 72 in force at 1.4.2004 by S.I. 2003/2938, art. 6(d)(i) (with art. 8, Sch.)
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