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The Local Authorities (Capital Finance) (Approved Investments) Regulations 1990

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Regulation 2

SCHEDULE

PART IBODIES LISTED SECURITIES ISSUED BY WHICH ARE APPROVED INVESTMENTS

1.  The European Atomic Energy Community.

2.  The European Coal and Steel Community.

3.  The European Economic Community.

4.  The European Investment Bank.

5.  The International Bank for Reconstruction and Development.

6.  The International Finance Corporation.

7.  The International Monetary Fund.

8.  The African Development Bank.

9.  The Asian Development Bank.

10.  The Caribbean Development Bank.

11.  The Inter-American Development Bank.

12.  The Guaranteed Export Finance Corporation PLC.

PART IIPERSONS OR BODIES ADVANCES TO WHOM ARE APPROVED INVESTMENTS

1.  County councils.

2.  District councils in England and Wales.

3.  London borough councils.

4.  The Common Council of the City of London.

5.  The Council of the Isles of Scilly.

6.  A joint authority established by Part IV of the Local Government Act 1985(1)(police, fire services, civil defence and transport).

7.  A combined police authority established by an amalgamation scheme under the Police Act 1964(2).

8.  The Receiver for the Metropolitan Police District.

9.  The sub-treasurer of the Inner Temple.

10.  The under-treasurer of the Middle Temple.

11.  Parish and community councils.

12.  The chairman of a parish meeting.

13.  Charter trustees.

14.  A levying body within the meaning of section 74 of the Local Government Finance Act 1988, other than a joint authority established by Part IV of the Local Government Act 1985.

15.  A body with power to issue a special levy or special levies by virtue of regulations made under section 75 of the Local Government Finance Act 1988(3).

16.  Regional, islands or district councils in Scotland.

17.  A joint board within the meaning of section 235(1) of the Local Government (Scotland) Act 1973(4).

18.  The British Coal Corporation.

19.  The British Railways Board.

20.  The British Waterways Board.

21.  The Civil Aviation Authority.

22.  London Regional Transport.

23.  The Post Office.

24.  The Commonwealth Development Corporation.

(3)

Section 75 is amended by paragraph 55 of Schedule 5 to the Local Government and Housing Act 1989.

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