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Local Government and Housing Act 1989

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Point in time view as at 30/01/2021.

Changes to legislation:

Local Government and Housing Act 1989, Part IV is up to date with all changes known to be in force on or before 14 November 2024. 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

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F1 Part IVE+W Revenue Accounts and Capital Finance of Local Authorities

Textual Amendments

F1Pt. IV repealed (18.11.2003 for E. for the repeal of ss. 45, 53, 27.11.2003 for W. for the purpose of and in relation to financial years beginning on or after 1st April 2004, and 1.4.2004 for E. in so far as not already in force) by Local Government Act 2003 (c. 26), s. 128(6), Sch. 7 para. 29; S.I. 2003/2938, arts. 3(h), 7(b) (with art. 8, Sch.); S.I. 2003/3034, art. 2, Sch. 1 Pt. I (with Sch. 2 para. 2)

Modifications etc. (not altering text)

IntroductoryE+W

F139 Application of Part IV.E+W

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Modifications etc. (not altering text)

C2S. 39 savings for effects of 2003 c. 26, Sch. 7 para. 29 Sch. 8 (1.4.2004) by The Local Authorities (Capital Finance) (Consequential, Transitional and Saving Provisions) Order 2004 (S.I. 2004/533), arts. 1, 3

F140 Capital purposes.E+W

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Charge of expenditure to revenue accountsE+W

F141Expenditure to be charged to revenue account.E+W

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F142Expenditure excluded from section 41(1).E+W

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BorrowingE+W

F143Borrowing powers.E+W

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F144Borrowing limits etc.E+W

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F145The authority’s own limits.E+W

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F146Register of loan instruments and certain existing loans.E+W

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F147Security for money borrowed etc.E+W

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Credit arrangementsE+W

F148Credit arrangements. E+W

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Modifications etc. (not altering text)

F149Initial and subsequent cost of credit arrangements.E+W

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Modifications etc. (not altering text)

C4S. 49 savings for effects of 2003 c. 26, Sch. 7 para. 29 Sch. 8 (1.4.2004) by The Local Authorities (Capital Finance) (Consequential, Transitional and Saving Provisions) Order 2004 (S.I. 2004/533), arts. 1, 3

F150Limits on powers to enter into credit arrangements.E+W

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F151Variation of credit arrangements.E+W

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F152Transitional credit arrangements.E+W

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Modifications etc. (not altering text)

C5S. 52 savings for effects of 2003 c. 26, Sch. 7 para. 29 Sch. 8 (1.4.2004) by The Local Authorities (Capital Finance) (Consequential, Transitional and Saving Provisions) Order 2004 (S.I. 2004/533), arts. 1, 3

Credit approvalsE+W

F153Basic credit approvals.E+W

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F154Supplementary credit approvals.E+W

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F155Criteria for issuing credit approvals.E+W

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F156Use of credit approvals by local authorities.E+W

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F157Effect of certain capital grants on credit approvals.E+W

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Capital receiptsE+W

F158Capital receipts.E+W

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F159The reserved part of capital receipts. E+W

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F160The usable balance of capital receipts.E+W

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F161Capital receipts not wholly in money paid to the authority. E+W

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Aggregate credit limitE+W

F162Aggregate credit limit.E+W

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Amounts set aside to meet credit liabilitiesE+W

F163Duty to set certain amounts aside as provision to meet credit liabilities.E+W

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F164Use of amounts set aside to meet credit liabilities.E+W

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SupplementaryE+W

F165Information.E+W

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F166Interpretation of Part IV.E+W

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Modifications etc. (not altering text)

C6S. 66 savings for effects of 2003 c. 26, Sch. 7 para. 29 Sch. 8 (1.4.2004) by The Local Authorities (Capital Finance) (Consequential, Transitional and Saving Provisions) Order 2004 (S.I. 2004/533), arts. 1, 3

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