Commentary on Sections Introduction
494.This Part replaces Part V of the Local Government and Housing Act 1989, which places propriety controls in relation to certain categories of local authority companies. Part 12 ensures that propriety controls may now be applied in relation to the wider range of entities through which local authorities in England and Wales now operate, rather than just to local authority companies. This Part allows for propriety controls to be applied to those entities in respect of which financial information must be included in the local authority’s statement of accounts. Provision is also made to define terms in other enactments that currently rely on definitions in Part V of the 1989 Act.