The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2010

Short-term accumulating compensated absences

This section has no associated Explanatory Memorandum

7.  After regulation 30G(1), insert—

Short-term accumulating compensated absences

30H.  Where, in accordance with proper practices, a local authority includes an amount in respect of a liability for short-term accumulating compensated absences in its balance sheet, the authority must not charge to a revenue account an amount in respect of that liability until the date on which the liability ceases or is discharged..

(1)

Inserted by S.I. 2009/321.