3. These Regulations, which make provision equivalent to sections 114 to 116 of the Local Government Finance Act 1988(1), apply to the following authorities—
(a)the Common Council in its capacity as a local authority, police authority or port health authority; and
(b)pensions authorities.
1988 c. 41. Section 114 was amended by the Local Government and Housing Act 1989, Schedule 5, paragraph 66.