Chapter 2: Other Provision Local government capital finance Section 78: Capital finance risk management Effect
This section gives the power to the Secretary of State to intervene to address excessive risk by providing options for remediation, mitigation or even investigation.
	Subsections (1) and (2) amend the 2003 Act by inserting insert sections 12A, 12B, 12C and 12D into the LGA 2003.