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Local Government Act 2003

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Changes over time for: Paragraph 72

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Point in time view as at 01/04/2006.

Changes to legislation:

Local Government Act 2003, Paragraph 72 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

This section has no associated Explanatory Notes

72(1)Section 119 (power to redistribute capital receipts of functional bodies) is amended as follows.E+W

(2)In subsection (2), for “expenditure for capital purposes” there is substituted “ capital expenditure ”.

(3)In subsection (3)—

(a)in paragraph (e), for “expenditure for capital purposes” there is substituted “ capital expenditure ”, and

(b)for paragraph (f) there is substituted—

(f)for and in connection with treating the whole or a prescribed part of the relevant amount as added to the capital receipts of the assisted body, for the purposes of Chapter 1 of Part 1 of the Local Government Act 2003 (capital finance);.

Commencement Information

I1Sch. 7 para. 72 in force at 1.4.2004 by S.I. 2003/2938, art. 6(d)(i) (with art. 8, Sch.)

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