Local Government Finance Act 1992

44 In Schedule 3 to that Act (which relates to borrowing and lending by local authorities)—

(a) in paragraph 6(2)(a), for the words “the community charges and the community water charges” there shall be substituted the words “the council tax and the council water charge”;

(b) in paragraph 20(2), for the words “the community charges and the community water charges” there shall be substituted the words “the council tax and the council water charge”;

(c) in paragraph 22(2), after the words “incurred by the authority for the purposes of” there shall be inserted—

“(a) their functions under any enactment (within the meaning of section 109(1) of the [1980 c. 45.] Water (Scotland) Act 1980) in relation to water supply in their area; or

(b) under the [1968 c. 47.] Sewerage (Scotland) Act 1968; or

(c)” ; and

(d) in paragraph 31, after the definition of “borrowing account” there shall be inserted the following definitions—

““council tax” shall be construed in accordance with the provisions of section 70(1) of the Local Government Finance Act 1992;

“council water charge” shall be construed in accordance with the provisions of paragraph 6 to Schedule 11 to the Local Government Finance Act 1992;”; and the definitions of “community charges” and “community water charges” shall cease to have effect.