# The Local Authorities (Capital Finance and Accounting) (England) (Amendment) (No. 4) Regulations 2012, Regulation 4: Capital receipt treated as reduced


In regulation 15—
(a) in paragraph (1), omit “paragraph (2)” and insert “paragraphs (2), (3) and (5)”; and
(b) after paragraph (4) insert—
“(5) Paragraphs (2) and (3) shall not apply to capital receipts arising from the disposal of an interest in housing land which is the subject of an agreement made under section 80B of the Local Government and Housing Act 1989.”

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Source: https://www.legislation.gov.uk/uksi/2012/2269/regulation/4 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-amendment-no-4-regulations-2012/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.