# The Local Authorities (Capital Finance and Accounting) (Wales) (Amendment) Regulations 2018, Regulation 7: Capital receipts


After regulation 8 (payment made to redeem landlord’s share), insert—
“Securitisation transaction receipts
8A. For the purposes of Chapter 1 of Part 1, any sum received as consideration by a local authority as the result of a securitisation transaction which, apart from this regulation, would not be a capital receipt, must be treated as a capital receipt.”

---
Source: https://www.legislation.gov.uk/wsi/2018/325/regulation/7 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-wales-amendment-regulations-2018/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.