
1 
These Regulations may be cited as the Local Authorities (Borrowing) (Amendment) Regulations 1990 and shall come into force on 19th May 1990.
2 

(1) The Local Authorities (Borrowing) Regulations 1990 are hereby amended as follows.
(2) In regulation 7(5), in the definition of “C”, after the word “paragraph” there shall be inserted “2(1) or calculated in accordance with paragraph”.
(3) In the Schedule to the Regulations, in paragraph 5, for the word “date”, at the last place where it occurs, there shall be substituted “rate”.
Chris Patten
Secretary of State for the Environment
11th May 1990Signed by authority of the Secretary of StateWyn Roberts
Minister of State
Welsh Office
15th May 1990 Welsh OfficeWe consent,
David Lightbown
John Taylor
Two of the Lords Commissioners of Her Majesty’s Treasury
16th May 1990