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Paragraph 7 The South Yorkshire Residuary Body (Winding Up) Order 1989 (S.I. 1989/814

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In article 7—

(a)

in paragraph (1) after the words “1980 Act” there shall be inserted “and Part IV of the Local Government and Housing Act 1989”;

(b)

at the end of paragraph (3) there shall be added “and the reserved part of amounts to be treated by virtue of this article as capital receipts of a local council for the purposes of Part IV of the Local Government and Housing Act 1989 shall be 50 per cent.”; and

(c)

at the end of paragraph (4) there shall be added “and Part IV of the Local Government and Housing Act 1989.”.