Greater London Authority Act 1999

126 Interpretation of Chapter IV

(1) In this Chapter, unless the context otherwise requires—

• “additional credit approval” shall be construed in accordance with section 114 above;

• “aggregate credit approval” shall be construed in accordance with section 113 above;

• “capital receipts” has the same meaning as in Part IV of the [1989 c. 42.] Local Government and Housing Act 1989 (see section 58 of that Act);

• “capital spending plan” means a capital spending plan under section 122 above;

• “category”, denoted by a following capital letter and used in relation to an amount, shall be construed in accordance with section 113(5) above;

• “expenditure for capital purposes” has the same meaning as in Part IV of the [1989 c. 42.] Local Government and Housing Act 1989 (see section 40 of that Act);

• “notice”, in relation to an allocation from a category C or D amount, shall be construed in accordance with section 115(3) above;

• “the usable part”, in relation to capital receipts, has the same meaning as in Part IV of the [1989 c. 42.] Local Government and Housing Act 1989 (see section 60 of that Act);

• “use”, in relation to an aggregate credit approval or an additional credit approval, shall be construed in accordance with section 118(4) above.

(2) References in this Chapter to credit arrangements, or to entering into credit arrangements, shall be construed in accordance with Part IV of the [1989 c. 42.] Local Government and Housing Act 1989 (see section 48 of that Act).