Introductory Text
1.Name, commencement, application and interpretation
PART 1 BORROWING
2.Code of practice
PART 2 CREDIT ARRANGEMENTS
TRANSACTIONS WHICH ARE NOT CREDIT ARRANGEMENTS
3.Liabilities that do not arise from capital expenditure
4.Retirement benefits
CALCULATION OF COST OF CREDIT ARRANGEMENTS AND OTHER CONTROLS
5.Calculation of cost of credit arrangements
PART 3 CAPITAL RECEIPTS
SUMS TO BE TREATED AS CAPITAL RECEIPTS
6.Repayment of loan etc. to a local authority
7.Disposal of mortgage portfolio
8.Payment made to redeem landlord’s share
SUMS NOT TO BE TREATED AS CAPITAL RECEIPTS
9.Capital receipts not exceeding £10,000
POOLING OF RECEIPTS
10.Pooling of receipts from disposals of housing land
9.(1) Subject to paragraph (4) for the purposes of paragraph...
11.Available capital allowance
12.Total capital allowance
13.Provision of affordable housing
14.Regeneration projects
15.Non-money receipts
16.Capital receipts reduced by costs of buying back dwellings
17.Capital receipts reduced by costs of buying back and improving dwellings
MISCELLANEOUS
18.Use of capital receipts
PART 4 SUPPLEMENTARY
19.Guidance
20.Expenditure to be capital expenditure
PART 5 MINIMUM REVENUE PROVISION
21.Duty to make Minimum Revenue Provision
22.Calculation of minimum revenue provision
23.Commutation adjustments to minimum revenue provision
PART 6 ACCOUNTS
24.Retirement benefits
25.Proper practices
PART 7 MISCELLANEOUS PROVISIONS
26.Application of Local Government Act 2003 to National Park authorities
27.Loans to qualifying local government bodies
Signature
Explanatory Note