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Local Government Act 2003

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Changes over time for: Paragraph 77

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Changes to legislation:

Local Government Act 2003, Paragraph 77 is up to date with all changes known to be in force on or before 28 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. Help about Changes to Legislation

This section has no associated Explanatory Notes

77(1)Section 124 (admissible factors in preparing capital spending plan etc.) is amended as follows.E+W

(2)In subsection (2), for paragraph (b) there is substituted—

(b)the amounts to be transferred to the body under section 32(5) of the Local Government Act 2003 (Mayor’s power to transfer expenditure grant);.

(3)In subsection (4)—

(a)after paragraph (a) there is inserted—

(aa)the amount met out of grants under section 31 of the Local Government Act 2003 (expenditure grant) made to the body;, and

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

(c)the amount met by borrowing or entering into or varying credit arrangements;.

Commencement Information

I1Sch. 7 para. 77 in force at 1.1.2004 by S.I. 2003/2938, art. 4(d)(i) (with art. 8, Sch.)

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