Regulation 4 Expenditure excluded from section 41(1)
Expenditure in respect of which a local authority have made a determination under section 42(2)(g) shall not be expenditure falling within section 42(2) where the expenditure is, or is to be, met out of a contribution made, or to be made, under section 516(1) of the Housing Act 1985f1 and the contribution is, or is to be, paid–
(a)
in annual sums payable in respect of a period of ten years or more; or
(b)
by way of commuted payments within the meaning of section 157.
Annotations
Footnotes
- f1
-
1985 c. 68. Section 516 is amended by section 132(5) of the Local Government and Housing Act 1989.