{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-amendment-no-3-regulations-1996/regulation-5",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-amendment-no-3-regulations-1996/regulation-5.json",
  "legislation": "uksi/1996/2539",
  "legislation_title": "The Local Authorities (Capital Finance) (Amendment No. 3) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-amendment-no-3-regulations-1996",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Capital receipts not wholly in money paid to the authority",
  "text": "In regulation 20, for paragraph (3B) substitute the following paragraph —\n“(3B) In the case of non-monetary consideration which —\n(a) is received by a local authority in respect of the disposal of an interest in land under or in connection with a relevant transaction within the meaning of regulation 7C, 7D, or 7E above; and\n(b) is consideration received by the authority under that transaction,\nthe reserved part of the notional capital receipt shall be nil.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/2539/regulation/5",
    "retrieved_at": "2026-10-29T12:34:34.543270+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}