# The Local Authorities (Capital Finance) Regulations 1990, Regulation 14: Reserved part of capital receipts


(1) In respect of local authorities in England, the reserved part of a capital receipt for the purposes of section 59(3) shall, in the case of capital receipts of a description mentioned in column 1 of Part I of Schedule 1 to these Regulations, be the percentage specified in column 2 of Part I of that Schedule.
(2) In respect of local authorities in Wales, the reserved part of a capital receipt for the purposes of section 59(3) shall, in the case of capital receipts of a description mentioned in column 1 of Parts I and II of Schedule 1, be the percentage specified in column 2 of Parts I and II of that Schedule.

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Source: https://www.legislation.gov.uk/uksi/1990/432/regulation/14 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1990/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.