http://www.legislation.gov.uk/uksi/1987/1583/contents/made

The Local Government (Prescribed Expenditure) (Works) Regulations 1987

Council housing

Public bodies

Planning (town and country)

Urban development

Expenditure

King's Printer of Acts of Parliament

2016-04-19

LOCAL GOVERNMENT, ENGLAND AND WALES

Section 72(3) of the Local Government, Planning and Land Act 1980 limits the prescribed expenditure of a local authority and other bodies to which Part VIII of the Act applies. “Prescribed expenditure” is essentially expenditure of a capital nature. Section 80A of the Local Government, Planning and Land Act 1980 (inserted by the Local Government Act 1987) regulates the amount of prescribed expenditure that authorities and other bodies are taken to have incurred when capital works are carried out for them and the time at which it is treated as incurred.