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Article 2(1)
SCHEDULEProvisions coming into operation on 10th September 2011
Provisions of the Act
(1)
| Subject Matter
(2)
| Purpose
(3)
|
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| | |
Section 2 | Accounting practices | For the purpose of enabling the Department to make regulations and issue guidance regarding the accounting practices to be followed by councils |
Section 3 | Annual budget | For the purpose of enabling the Department to prescribe a date in regulations |
Section 13 | Duty to determine affordable borrowing limit | For the purpose of enabling the Department to make regulations regarding a council’s duty to determine and keep under review its affordable borrowing limit |
Section 17 | “Credit arrangements” | For the purpose of enabling the Department to prescribe liabilities not to be treated as qualifying liabilities |
Section 18 | Control of credit arrangements | For the purpose of enabling the Department to make regulations regarding the calculation of the cost of a credit arrangement or variation, and the treatment of options |
Section 19 | “Capital expenditure” | For the purpose of enabling the Department to make regulations regarding the treatment of expenditure |
Section 20 | “Capital receipt” | For the purpose of enabling the Department to make regulations regarding sums received in respect of capital assets |
Section 22 | Use of capital receipts | For the purpose of enabling the Department to make regulations regarding the use of capital receipts |
Section 25 | Guidance | For the purpose of enabling the Department to specify guidance in regulations, and to issue guidance, for the purposes of Part 1 (financial administration) |
Section 27 | Rates support grant | For the purpose of enabling the Department to make regulations regarding the rates support grant and to determine the information required from councils for the calculation of entitlement to rates support grant for the financial year commencing on 1st April 2012 |
Section 31 | Allowances, etc. for councillors | For the purpose of enabling the Department to make regulations and issue guidance regarding allowances or other payments to councillors |
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