Local Government Act 2003

E423592

The Local Government Act 2003 is a UK statute that modernised local authority finance and governance, including new borrowing powers, investment rules, and prudential financial management frameworks for councils.

All labels observed (2)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf Act of Parliament of the United Kingdom ⓘ
United Kingdom statute ⓘ
administeredBy Department for Levelling Up, Housing and Communities ⓘ
amends Local Government Act 1992 ⓘ
Local Government Finance Act 1988 ⓘ
appliesToJurisdiction England ⓘ
Wales ⓘ
citation 2003 c. 26 ⓘ
contains Part 1 – Local government finance ⓘ
Part 2 – Business improvement districts ⓘ
Part 3 – Council tax ⓘ
Part 4 – Miscellaneous ⓘ
Part 5 – Valuation tribunals ⓘ
Part 6 – Supplementary ⓘ
country United Kingdom ⓘ
creates business improvement districts framework in England ⓘ
business improvement districts framework in Wales ⓘ
establishes prudential borrowing system for local authorities ⓘ
givesPowerTo local authorities in England ⓘ
local authorities in Wales ⓘ
implementedBy Local Authorities (Capital Finance and Accounting) (England) Regulations 2003 ⓘ
Prudential Code for Capital Finance in Local Authorities ⓘ
introducedBy Office of the Deputy Prime Minister ⓘ
legislature Parliament of the United Kingdom ⓘ
linked to: British Parliament
longTitle An Act to make provision about the finances of local authorities and other public bodies; to make provision about business improvement districts; to make provision about council tax; and for connected purposes ⓘ
objective to modernise local authority finance ⓘ
to promote prudential financial management in councils ⓘ
parliamentarySession 2002–2003 ⓘ
partNumber Part 1 ⓘ
Part 2 ⓘ
Part 3 ⓘ
Part 4 ⓘ
Part 5 ⓘ
Part 6 ⓘ
primarySubject local government finance ⓘ
local government governance ⓘ
reforms local authority borrowing powers ⓘ
local authority investment rules ⓘ
prudential financial management framework ⓘ
replaces local authority credit approvals system ⓘ
royalAssentDate 2003-09-18 ⓘ
shortTitle Local Government Act 2003 ⓘ
status in force ⓘ
subjectMatter borrowing by local authorities ⓘ
capital finance of local authorities ⓘ
council tax administration ⓘ
investments by local authorities ⓘ
non-domestic rating supplements ⓘ
revenue finance of local authorities ⓘ
yearEnacted 2003 ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Local Government Finance Act 1992 → amendedBy → Local Government Act 2003 ⓘ
Local Government Act 2003 → shortTitle → Local Government Act 2003 ⓘ
Local Government Act 2003 → implementedBy → Local Authorities (Capital Finance and Accounting) (England) Regulations 2003 ⓘ
linked to: Local Government Act 2003