
1 
These Regulations may be cited as the Local Authorities (Capital Finance) (Rate of Discount for 1995/96) Regulations 1995 and shall come into force on 1st April 1995.
2 
The percentage rate of discount prescribed for the financial year beginning on 1st April 1995 for the purposes of section 49 of the Local Government and Housing Act 1989 shall be 9.1 per cent.
Signed by authority of the Secretary of State for the Environment.
David Curry
Minister of State,
Department of the Environment
28th February 1995Signed by authority of the Secretary of State for Wales.
Gwilym Jones
Parliamentary Under Secretary of State, Welsh Office
1st March 1995