# The Local Authorities (Capital Finance) (Amendment No. 3) Regulations 1998, Regulation 6: Reserved part of non-housing capital receipts


Insert the following regulation after regulation 64—
“Reserved part of non-housing capital receipts
64A (1) Subject to paragraph (2), the reserved part shall be nil per cent. in the case of any capital receipt other than a capital receipt which is received in respect of a disposal of housing land.
(2) This regulation does not apply to a capital receipt which is of a description for which the reserved part is specified in any of the following provisions of this Part.”.

---
Source: https://www.legislation.gov.uk/uksi/1998/1937/regulation/6 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-amendment-no-3-regulations-1998/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.