Please note this consultation has now closed
In the spring of this year CIPFA sought views on how the
Prudential Code for Capital Finance in Local Authorities (2011) (Prudential Code) should be updated, particularly to reflect the sustained period of reduced public spending and the developing localism agenda. Local authorities are required to “have regard” to the Prudential Code when developing their capital investment plans.
Having carefully considered the responses, CIPFA is now issuing the
Consultation on Proposed Changes to the Prudential Code (PDF 573 KB).
The closing date for responses is 30 September 2017.
It is intended to publish the revised code towards the end of the year for 2018/19 implementation.