Introductory Text
1.Citation, commencement, application and interpretation
2.Interpretation
3.Social HomeBuy receipts
4.Capital receipts not exceeding £10,000
5.Pooling of receipts from disposals of housing land
6.Capital receipt treated as reduced
7.Total capital allowance
8.Social HomeBuy allowance
9.Provision of affordable housing
10.Capital receipts reduced by costs of buying back “right to buy” dwellings
11.Capital receipts reduced by costs of buying back dwellings in preceding year
12.Capital receipts reduced by consideration for former new town assets
13.Transitional reductions for debt-free authorities
14.Use of capital receipts
15.Calculation of minimum revenue provision
Signature
SCHEDULE
Social HomeBuy disposal
Explanatory Note