{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-amendment-regulations-2012/regulation-7",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-amendment-regulations-2012/regulation-7.json",
  "legislation": "uksi/2012/265",
  "legislation_title": "The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2012",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-amendment-regulations-2012",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "Expenditure to be capital expenditure",
  "text": "In regulation 25 (expenditure to be capital expenditure)—\n(a) in subsection (1)(d), omit “or loan capital”;\n(b) for subsection (1)(ea), substitute—\n“(ea) expenditure incurred on the acquisition, production or construction of assets for use by, or disposal to, a person other than the local authority which would be capital expenditure if those assets were acquired, produced or constructed for use by the local authority; and”; and\n(c) omit subsection (3)(b).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "In regulation 25, paragraph (1)(d) was amended and paragraph 3 was inserted by S.I. 2004/534, and paragraph 1(ea) was inserted by S.I. 2007/573."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2012/265/regulation/7",
    "retrieved_at": "2026-10-29T01:42:51.688983+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."
}