Regulation 7 Short-term accumulating compensated absences

After regulation 24G, insert—

“Short-term accumulating compensated absences

24H

Where, in accordance with proper practices, a local authority includes an amount in respect of a liability for short-term accumulating compensated absences in its balance sheet, the authority must not charge to a revenue account an amount in respect of that liability until the date on which the liability ceases or is discharged.”.