
2016 Rhif 102 (Cy. 50)
Llywodraeth Leol, Cymru
Rheoliadau Awdurdodau Lleol (Cyllid Cyfalaf a Chyfrifyddu) (Cymru) (Diwygio) 2016
Gwnaed 28 Ionawrr 2016
Gosodwyd gerbron Cynulliad Cenedlaethol Cymru 3 Chwefror 2016
Yn dod i rym 31 Mawrth 2016
Mae Gweinidogion Cymru, drwy arfer y pwerau a roddwyd gan adrannau 21(1), 24 a 123(1) o Ddeddf Llywodraeth Leol 2003, yn gwneud y Rheoliadau a ganlyn.
Enwi a chychwyn
1 

(1) Enw’r Rheoliadau hyn yw Rheoliadau Awdurdodau Lleol (Cyllid Cyfalaf a Chyfrifyddu) (Cymru) (Diwygio) 2016.
(2) Mae’r Rheoliadau hyn yn dod i rym ar 31 Mawrth 2016.
(3) Yn y Rheoliadau hyn ystyr “Rheoliadau 2003” (“the 2003 Regulations”) yw Rheoliadau Awdurdodau Lleol (Cyllid Cyfalaf a Chyfrifyddu) (Cymru) 2003.
Diwygio Rheoliadau 2003
2 
Mae Rheoliadau 2003 wedi eu diwygio yn unol â rheoliad 3.
Arferion cyfrifyddu
3 
Ar ôl rheoliad 25 o Reoliadau 2003 mewnosoder—“
Accounting treatment of loans from the Public Works Loan Board drawn down on 2 April 2015
25A. 

(1) This regulation applies to loans for the purpose of funding the settlement payment to exit the HRA Subsidy system—
(a) given to local authorities by the Public Works Loan Board; and
(b) drawn down on 2 April 2015.
(2) Where the interest rates applicable to the loans specified in paragraph (1) are agreed at a rate of interest which is other than the prevailing market rate of interest set on 2 April 2015, a local authority is not required to recognise in its revenue account any difference from the prevailing market rate for the purpose of fair value.
(3) Interest payable on a loan specified in paragraph (1) must be recognised in a local authority revenue account on the day when, or as soon as practicable after, a local authority becomes liable to pay that interest.
(4) This regulation applies to the financial years beginning on and after 1 April 2015.
(5) In this regulation—
 “fair value” means the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, in accordance with proper practices as defined in regulation 25;
 “HRA Subsidy” means the system established under section 79 of the Local Government and Housing Act 1989.”
Leighton Andrews
Y Gweinidog Gwasanaethau Cyhoeddus, un o Weinidogion Cymru
28 Ionawr 2016