22—(1) Regulations may make provision about the use of capital receipts by a council.
(2) Regulations under subsection (1) may, in particular, make provision requiring an amount equal to the whole or any part of a capital receipt to be used only to meet—
(a)capital expenditure, or
(b)debts or other liabilities.
Commencement Information
I1S. 22 wholly in operation at 1.4.2012; s. 22 not in operation at Royal Assent see s. 47(1); s. 22 in operation for certain purposes at 10.9.2011 otherwise 1.4.2012 by S.R. 2011/306, art. 2(1)(3), Sch.
I2S. 22 in operation at 1.4.2012 in so far as not already in operation by S.R. 2011/306, art. 2(3)