Part 8Miscellaneous and general

Chapter 1Miscellaneous

Other

I1I2117Generally accepted accounting practice: power to amend enactments

1

The appropriate person may by order amend or repeal an enactment relating to a local authority if he considers it appropriate to do so in the light of generally accepted accounting practice as it applies to local government.

2

It does not matter for the purposes of subsection (1) whether the enactment itself relates to the accounts of a local authority.

3

No order under this section shall be made by the Secretary of State unless a draft of the statutory instrument containing the order has been laid before, and approved by a resolution of, each House of Parliament.

4

In this section—

  • “enactment” includes an enactment contained in this Act or any Act passed after this Act;

  • “local authority” means—

    1. a

      a body which is a local authority for the purposes of Part 1, or

    2. b

      a parish council, a community council or charter trustees.