The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003, Section 29A is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
29A. Where expenditure of a local authority—
(a)is expenditure which falls to be capitalised in accordance with proper practices (“capital expenditure”); or
(b)is treated as being capital expenditure by virtue of regulations made, or a direction given, under section 16(2),
that expenditure need not be charged to a revenue account of the local authority.]
Textual Amendments
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
