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The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2006
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- UK Statutory Instruments
- 2006 No. 521
- Regulation 4
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Capital receipts not exceeding £10,000
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4. In regulation 10 of the Principal Regulations (capital receipts not exceeding £10,000)—
(a)at the beginning of paragraphs (1) and (5) there shall be inserted, in each case, “Subject to paragraph (7),”; and
(b)after paragraph (6), there shall be added—
“(7) Paragraphs (1) and (5) do not apply in relation to a premium received by a local authority, on or after 1st April 2006, in respect of a Social HomeBuy disposal.”.
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