# The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2006, Regulation 14: Use of capital receipts


In regulation 23 of the Principal Regulations (use of capital receipts)—
(a) at the end of sub-paragraph (f), there shall be inserted “; or”; and
(b) at the end, there shall be added—
“(g) where the capital receipts are derived from a Social HomeBuy disposal—
(i) to make contributions towards the costs of the provision of affordable housing by any of the ways specified in paragraphs (i) to (vi) of regulation 16B(1)(a); or
(ii) to incur expenditure by any of the ways specified in paragraphs (i) to (iv) of regulation 16B(1)(b).”.

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Source: https://www.legislation.gov.uk/uksi/2006/521/regulation/14 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-amendment-england-regulations-2006/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.