Part 1Capital finance etc and accounts

Chapter 2Accounts

I321Accounting practices

I11

The Secretary of State may by regulations make provision about the accounting practices to be followed by a local authority, in particular with respect to the charging of expenditure to a revenue account.

2

In any enactment to which this subsection applies, reference to proper practices, in relation to accounts of a local authority, is to those accounting practices—

I5a

which the authority is required to follow by virtue of any enactment, or

I2I4b

which are contained in a code of practice or other document which is identified for the purposes of this provision by regulations made by the Secretary of State.

I53

In the event of conflict between practices falling within paragraph (a) of subsection (2) and practices falling within paragraph (b) of that subsection, only those falling within paragraph (a) are to be regarded as proper practices.

I54

Subsections (2) and (3) apply to any enactment contained in—

a

this Act,

b

any Act passed after or in the same Session as this Act,

c

the Local Government and Housing Act 1989 (c. 42),

d

the Audit Commission Act 1998 (c. 18), and

e

subordinate legislation (within the meaning of the Interpretation Act 1978 (c. 30)) whenever made.

I15

The power under subsection (2)(b) is not to be read as limited to the identification of an existing document.

I16

In this section, “local authority” includes a parish council, a community council and charter trustees.