http://www.legislation.gov.uk/id/uksi/2003/3146

http://www.legislation.gov.uk/uksi/2003/3146/regulation/9B

The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003

Local government

Public funding

Capital expenditure

Trade unions

Retirement

LOCAL GOVERNMENT, ENGLAND

Statute Law Database

2024-06-04

Expert Participation

2024-06-01

These Regulations make provisions for capital finance and accounts under Part 1 of the Local Government Act 2003 (“the 2003 Act”). The capital finance provisions in and under Part IV of the Local Government and Housing Act 1989 (including the Local Authorities (Capital Finance) Regulations 1997) are repealed or revoked, as the case may be, on or before 1st April 2004 by virtue of the 2003 Act, with savings and transitional provisions (see the Local Government Act 2003 (Commencement No. 1 and Transitional Provisions and Savings) Order 2003).

The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003

reg. 1(3A)

The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2024

reg. 2(2)(b)

reg. 1(2)

The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003

reg. 28(4)-(7)

The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2024

reg. 2(4)(c)

reg. 1(2)

PART 4CAPITAL RECEIPTS

SUMS TO BE TREATED AS CAPITAL RECEIPTS

F1Securitisation transaction receipts9B

For the purposes of Chapter 1 of Part 1, any sum received as consideration by a local authority as the result of a securitisation transaction which, apart from this regulation, would not be a capital receipt, must be treated as a capital receipt.

Annotations:

Amendments (Textual)

Reg. 9B inserted (1.4.2012) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2012 (S.I. 2012/265), regs. 1(3), 6 (with reg. 1(4))