The Local Government Reorganisation (Wales) (Capital Finance) Order 1995
The Local Government (Wales) Act 1994 (“the 1994 Act”) provides for local government changes in Wales. The new Welsh local authorities will be elected on 4th May 1995. This Order makes provision with respect to the application of Part IV (“Part IV”) of the Local Government and Housing Act 1989 (“the 1989 Act”) (revenue accounts and capital finance of local authorities) to Welsh local authorities during the transitional period (4th May 1995 to 31st March 1996). Provision is also made with regard to the application of the regulations made under Part IV (“the capital finance regulations”).