HC Deb 01 November 1996 vol 284 c268W
Mr. Hall

To ask the Secretary of State for the Environment if he will make a statement on the rules governing the spending of capital budgets by local authorities during the transitional period to unitary authorities. [1087]

Sir Paul Beresford

Authorities in the transitional period before reorganisation are governed by the same rules on capital spending as other authorities, but in addition are subject to the prudential code of financial management, jointly published in 1994 by the Chartered Institute of Public Finance and Accountancy and the local authority associations, and approved by the Audit Commission. I have arranged for a copy of the code to be placed in the Library.

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