The Local Authorities (Companies) (Amendment) Order 1996
The Local Authorities (Companies) Order 1995 provides for the regulation of companies which are subject to the influence or control of local authorities within the meaning of Part V of the Local Government and Housing Act 1989 (“regulated companies”). Part V of that Order (which is amended by this Order) applies the provisions of Part IV of the 1989 Act (revenue accounts and capital finance of local authorities), subject to modifications, to a regulated company and the local authority by whom the company is influenced or controlled (“the relevant authority”).