The Act – Section by Section Part 7 – Finance Section 35 – Capital expenditure limits
96.This section places local authorities under a duty to manage their own capital expenditure. Subsection (2) provides that in so doing local authorities should comply with any regulations issued by the Scottish Ministers. Subsection (3) describes what such regulations might cover, such as requirements to determine, review, report on and publish information about capital expenditure. Subsection (4) ensures that local authorities are obliged to comply with any relevant codes of practice referred to in the regulations.