The Local Authority (Capital Finance and Accounting) (Scotland) Regulations 2016 No. 123

1. Introductory Text

2. PART 1 General

   1. 1. Citation, commencement and interpretation

3. PART 2 Borrowing by local authorities

   1. 2. Borrowing of money by a local authority

   2. 3. Two or more local authorities may combine to exercise their...

   3. 4. When exercising its power to borrow money, a local authority...

   4. 5. Borrowing by way of a credit arrangement

   5. 6. The authorised limit for external debt

   6. 7. Security for money borrowed

   7. 8. Protection for lenders

   8. 9. External funds

4. PART 3 Borrowing in respect of lending by local authorities

   1. 10. Borrowing to lend and advance money

   2. 11. A local authority may borrow to advance money to any...

5. PART 4 Loans funds

   1. 12. Duty to maintain a loans fund

   2. 13. Loans fund advances

   3. 14. Duty to make a statutory repayment of loans fund advances

6. PART 5 Consequential and supplemental provision

   1. 15. Consequential amendments

   2. 16. Consequential revocations

   3. 17. Supplemental provision

7. Signature

8. Explanatory Note