# The Local Authorities (Capital Finance) Regulations 1990, Regulation 13: Sums not to be capital receipts


Any sums received by a local authority in respect of a payment such as is mentioned in section 58(1)(c) shall not be capital receipts unless the payment is made by the person to whom a grant or financial assistance is or was made by the local authority.

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Source: https://www.legislation.gov.uk/uksi/1990/432/regulation/13 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1990/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.