The Local Authorities (Capital Finance) Regulations 1990

PART V CREDIT APPROVALS

Specified capital grants

9.—(1) In respect of local authorities in England, the following grants, contributions and subsidies are specified for the purposes of section 57–

(a) grants, contributions and subsidies paid under the following powers–

(i) section 522(1) and (5) of the Housing Act 1985(1) (finance for grants for thermal insulation and payments in respect of administrative expenses);

(ii) section 429(1) of the Housing Act 1985 (contributions to improvement for sale schemes);

(iii) section 96(1) (contributions towards expenditure under Part VII of the Act) (renewal areas);

(iv) section 132(1) (contributions towards expenditure under Part VIII of the Act) (grants towards cost of improvements and repairs etc.);

(v) section 165(4) (slum clearance subsidy);

(b) contributions and subsidies paid under the following powers, except to the extent that they are paid in annual sums payable in respect of a period of ten years or more–

(i) section 245(1) of the Housing Act 1985(2) (contributions towards expenditure relating to environmental works in housing action areas);

(ii) section 259(1) of the Housing Act 1985(3) (contributions towards expenditure relating to general improvement areas);

(iii) section 312 of the Housing Act 1985(4) (slum clearance subsidy);

(iv) section 516(1) of the Housing Act 1985 (contributions towards expense of grants under Part XV of that Act) (grants for works of improvement, repair and conversion);

(v) section 569(1) of the Housing Act 1985(5) (contributions to certain expenses under Part XVI of that Act) (assistance for owners of defective housing).

(2) In respect of local authorities in Wales, the following contributions and subsidies are specified for the purpose of section 57–

(a) contributions and subsidies paid under the powers mentioned in paragraph (1)(a)(ii) to (v) above;

(b) contributions and subsidies paid under the powers mentioned in paragraph (1)(b)(i) to (iii) and (v) above, except to the extent that they are paid in annual sums payable in respect of a period of ten years or more.

(1)

Section 522 is repealed by Part II of Schedule 12 to the Act subject to the savings contained in the Local Government and Housing Act (Commencement No. 5 and Transitional Provisions) Order 1990 (S.I. 1990/431).

(2)

Section 245 of the 1985 Act is amended by section 98(5).

(3)

Section 259 of the 1985 Act is amended by section 98(6).

(4)

Section 312 is repealed by Part II of Schedule 12 to the Act subject to the savings contained in the Local Government and Housing Act 1989 (Commencement No. 4) Order 1990 (S.I. 1990/191).

(5)

Section 569 is amended by section 157(8) of the Local Government and Housing Act 1989.