Capital receipts reduced by costs of buying back “right to buy” dwellings
This section has no associated Explanatory Memorandum
10. In regulation 19 of the Principal Regulations (capital receipts reduced by costs of buying back “right to buy” dwellings)—
(a)in paragraph (1), after “Subject to”, there shall be inserted “paragraph (1A) and”; and
(b)after paragraph (1), there shall be inserted—
“(1A) This regulation does not apply to a capital receipt derived from a Social HomeBuy disposal.”.