# The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2006, 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)—
(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.”.

---
Source: https://www.legislation.gov.uk/uksi/2006/521/regulation/12 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-amendment-england-regulations-2006/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.