{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-amendment-england-regulations-2007/regulation-4",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-amendment-england-regulations-2007/regulation-4.json",
  "legislation": "uksi/2007/573",
  "legislation_title": "The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2007",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-amendment-england-regulations-2007",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Accounting for capital expenditure",
  "text": "After regulation 29 of the Principal Regulations (commutation adjustment), at the beginning of Part 7 (accounts), insert—\n“Accounting for capital expenditure\n29A. Where expenditure of a local authority—\n(a) is expenditure which falls to be capitalised in accordance with proper practices (“capital expenditure”); or\n(b) is treated as being capital expenditure by virtue of regulations made, or a direction given, under section 16(2),\nthat expenditure need not be charged to a revenue account of the local authority.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/573/regulation/4",
    "retrieved_at": "2026-10-29T04:02:19.591611+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}