
1 
This Order may be cited as the Residuary Body for Wales (Miscellaneous Provisions) Order 1995 and shall come into force on 1st February 1995.
2 
In this Order—
“the Residuary Body” means the Residuary Body for Wales or Corff Gweddilliol Cymru established under section 39 of the Local Government (Wales) Act 1994
3 
Section 1(8) of the Local Government Act 1992 shall have effect as if the Residuary Body were included therein as a body which is not a relevant body for the purposes of sections 1 to 3 of that Act.
4 
The Residuary Body shall be treated as a local authority for the purposes of section 842A of the Income and Corporation Taxes Act 1988
5 

(1) The Local Authorities (Capital Finance) Regulations 1990 ( “the 1990 Regulations”) shall apply to the Residuary Body as if all its provisions were omitted except for the following provisions:—
Regulation 1 (Citation, commencement and interpretation);
Regulation 2(1), (2), (3), (5), (6), (7) and (8) (Expenditure to be expenditure for capital purposes);
Regulation 5 (Interpretation (Credit arrangements));
Regulation 6 (Leases and contracts which are not credit arrangements);
Regulation 7 (Initial and subsequent cost of leases);
Regulation 8 (Variation of credit arrangements);
Regulation 22 (Excluded credit arrangements);
Regulation 27 (Interpretation of Part IV of the Local Government and Housing Act 1989).
(2) Regulation 27 of the 1990 Regulations shall have effect in relation to the Residuary Body as if in paragraph (1) after sub-paragraph (e) there were inserted the following sub-paragraph– “
(f) paragraph 11(1) of Schedule 13 to the Local Government (Wales) Act 1994, or an Order made under section 54 of that Act.”.
Signed by authority of the Secretary of State for Wales.
Gwilym Jones
Parliamentary Under Secretary of State Welsh Office
18th January 1995