# The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2006, Regulation 13: Transitional reductions for debt-free authorities


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”.

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Source: https://www.legislation.gov.uk/uksi/2006/521/regulation/13 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-amendment-england-regulations-2006/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.