# The Local Authorities (Capital Finance and Accounting) (Wales) Regulations 2003, Regulation 8: 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 in accordance with Schedule 6A to the Housing Act 1985 (Redemption of landlord’s share), the sum received by the authority must 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/wsi/2003/3239/regulation/8 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-wales-regulations-2003/regulation-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.