Local Government Finance (Supplementary Credit Approvals) Act 1997 (repealed)

An Act to permit account to be taken of the reserved part of capital receipts in determining the amount of a supplementary credit approval to be issued to a local authority; and to substitute a power for the existing duty to specify an amortisation period when issuing a supplementary credit approval to a local authority in respect of expenditure treated by the authority as expenditure for capital purposes.