Introductory Text
PART I GENERAL
1.Citation, commencement and interpretation
PART II EXPENDITURE FOR CAPITAL PURPOSES
2.Expenditure to be expenditure for capital purposes
3.Expenditure not to be expenditure for capital purposes
PART III CHARGE OF EXPENDITURE TO REVENUE ACCOUNTS
4.Expenditure excluded from section 41(1)
PART IV CREDIT ARRANGEMENTS
5.Interpretation
6.Leases and contracts which are not credit arrangements
7.Initial and subsequent cost of leases
8.Variation of credit arrangements
PART V CREDIT APPROVALS
9.Specified capital grants
PART VI CAPITAL RECEIPTS
10.Interpretation
11.1980 Act receipts
12.Sums to be capital receipts
13.Sums not to be capital receipts
14.Reserved part of capital receipts
15.Capital receipts to be treated as reduced: disposal of recently acquired interest
16.Capital receipts to be treated as reduced: disposal of certain dwellings
17.Capital receipts to be treated as reduced: disposal of recently improved land
18.Capital receipts to be treated as reduced: replacement of assets
19.Capital receipts to be treated as reduced: disposal of former new town assets
20.Capital receipts not wholly in money paid to the authority
PART VII CREDIT CEILING
21.Modifications of initial credit ceiling and credit ceiling on or after 1st April 1990
22.Excluded credit arrangements
PART VIII MINIMUM REVENUE PROVISION
23.Interpretation
24.Adjusted initial credit ceiling and adjusted credit ceiling
25.Minimum revenue provision for the financial year beginning on 1st April 1990
26.Minimum revenue provision for subsequent financial years
PART IX SUPPLEMENTARY
27.Interpretation of Part IV of the Act
Signature
SCHEDULES
1
Reserved part of capital receipts
2
Capital receipts to be treated as reduced: replacement of assets
3
Modifications of initial credit ceiling and credit ceiling on or after 1st April 1990
4
Adjusted initial credit ceiling and adjusted credit ceiling
5
Minimum revenue provision
Explanatory Note