Scottish Statutory Instruments

2016 No. 123

Local Government

The Local Authority (Capital Finance and Accounting) (Scotland) Regulations 2016

Made

22nd February 2016

Coming into force

1st April 2016

The Scottish Ministers make the following Regulations in exercise of the powers conferred by section 165 of the Local Government etc. (Scotland) Act 1994(1), paragraph 5(1) of Schedule 3 to the Local Government (Scotland) Act 1975(2) and all other powers enabling them to do so.

In accordance with section 165(5) of the Local Government etc. (Scotland) Act 1994 a draft of this instrument has been laid before and approved by resolution of the Scottish Parliament.

(1)

1994 c.39. Section 165 was amended by Schedule 24 to the Environment Act 1995 (c.25). The functions of the Secretary of State were transferred to the Scottish Ministers by virtue of section 53 of the Scotland Act 1998 (c.46). The requirement to obtain Treasury consent was removed by section 55 of that Act.

(2)

1975 c.30. Paragraph 5 of Schedule 3 was amended by section 5(2) of the Stock Transfer Act 1982 (c.41).