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Regulation 13 Transitional reductions for debt-free authorities

Original text. Later amendments are not shown.

In regulation 21 of the Principal Regulations (transitional reductions for debt-free authorities)—

(a)

at the beginning of paragraph (1), there shall be inserted “Subject to paragraph (1A),”;

(b)

after paragraph (1), there shall be inserted—

“(1A)

This regulation does not apply to a capital receipt derived from a Social HomeBuy disposal.”; and

(c)

in paragraph (2), for “regulations 14 to 20”, there shall be substituted “regulations 14 to 20A”.