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The Local Government Changes for England (Capital Finance) Regulations 1995
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- UK Statutory Instruments
- 1995 No. 798
- PART V
- Regulation 24
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Housing component of newly-established participant authority
24. Where a participant authority who are a newly-established authority are required on and after the reorganisation date to keep a Housing Revenue Account, that authority shall be treated as if, on the last day of the preliminary period, they had—
(a)a housing component of nil; and
(b)a non-housing component equal to their relevant amount.
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