Search Legislation

The Local Government Changes for England (Capital Finance) Regulations 1995

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

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.

Back to top

Options/Help