Housing and Town Development (Scotland) Act 1957

5 Termination of local authorities' obligation to make certain contributions, and power to carry other sums to credit of housing revenue accounts

(1) With effect from the sixteenth day of May, nineteen hundred and fifty-seven, a local authority shall be relieved of the obligation to make the contributions specified in paragraphs 1 to 11a of the Eighth Schedule to the principal Act, but may in any financial year commencing on or after the said day carry to the credit of their housing revenue account, in addition to the amounts required by section one hundred and thirty-eight of the principal Act, such further amounts, if any, as they may think fit.

(2) Where by virtue of any authorised arrangements a local authority are under an obligation to pay to a housing association by way of annual grant in respect of any house a sum in addition to the sum which it is their duty under subsection (1) of section eighty-seven of the principal Act so to pay, and that additional sum is defined in the arrangements by reference to the sum which the authority would have had to contribute in respect of the house under section ninety-seven, ninety-eight or ninety-nine of the principal Act if the house had been provided by the authority, then, without prejudice to any variation of those arrangements by the parties thereto, the additional sum shall, notwithstanding anything in this section, continue to be payable, but shall be defined as equal to the sum which the authority would have had to contribute as aforesaid if the house had been provided by them and this section (and so much of section twenty-eight of this Act as repeals the said sections ninety-seven, ninety-eight and ninety-nine) had not passed.