Local Government Capital Finance System: Proposed Regulation - Letter to Local Authorities

Published	26 November 2008
Type(s)	Circular and official letters, Good practice and guidance
Site	Local government
Price	Free

Summary

In his Statement to the House of Commons on the provisional local government finance settlement for 2009-10, John Healey announced that the Government proposed to make a regulation which would, exceptionally, allow local authorities with funds invested in Icelandic banks to postpone the impact of the impairments required by accounting practice, from 2008-09 to 2010-11.

This letter to Local Authorities in England provides further information on the proposed measures.

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Proposed Regulation - Letter to all Local Authorities in England (26 November 2008)
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