Modification to the Local Authorities (Capital Finance and Accounting) (Wales) Regulations 20039.
(1)
The Local Authorities (Capital Finance and Accounting) (Wales) Regulations 20035, are modified as follows.
(2)
In regulation 1(4) (name, commencement, application and interpretation), the definition of “money market fund” is to be read as if it also includes a part of a collective investment scheme, provided that part is recognised under section 271A(1) or 272(1) of the Act.