# The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003, Regulation 9: Payment made to redeem landlord’s share

Extent: E+W

For the purposes of Chapter 1 of Part 1, where an interim or final payment is made to a local authority, on or after 1st April 2004, in accordance with Schedule 6A to the Housing Act 1985 (redemption of landlord’s share), the sum received by the authority shall be treated as a capital receipt if, apart from this regulation, it would not be a capital receipt.

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Source: https://www.legislation.gov.uk/uksi/2003/3146/regulation/9 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-regulations-2003/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.