{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-regulations-1990/schedule-5/paragraph-7",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-regulations-1990/schedule-5/paragraph-7.json",
  "legislation": "uksi/1990/432",
  "legislation_title": "The Local Authorities (Capital Finance) Regulations 1990",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-regulations-1990",
  "path": "schedule/5/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "In this Part of this Schedule,–\n(a) “housing use” in relation to a credit approval means the extent to which a credit approval is used by a local authority as mentioned in section 56(3) where in reliance on the credit approval–\n(i) expenditure is defrayed, which, if it had been charged to a revenue account, would have been required, under Part VI of the Act, to be charged to their Housing Revenue Account or Housing Repairs Account, or\n(ii) the authority enter into, or agree to a variation of, a credit arrangement for any purpose for which, if expenditure had been incurred and charged to a revenue account, it would have been required, under Part VI of the Act, to be charged to their Housing Revenue Account or Housing Repairs Account;\n(b) “non-housing use” in relation to a credit approval means the extent to which a credit approval is used by a local authority as mentioned in section 56(3) other than as described in sub-paragraph (a) above.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1995/1982",
      "affecting_title": "The Local Authorities (Capital Finance and Approved Investments) (Amendment No. 2) Regulations 1995"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1990/432/schedule/5/paragraph/7",
    "retrieved_at": "2026-10-29T15:26:08.152586+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}