Regulation 12 Capital receipts reduced by consideration for former new town assets

In regulation 20A of the Principal Regulations (capital receipts reduced by consideration for former new town assets)^f1—

(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.”.

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