OpenLegislation

Regulation 105 InterpretationI1

England and Wales Not yet in force

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

In this Part—

  • “the authority”, in relation to any non-monetary consideration, means the local authority by whom the consideration is received;

  • “non-monetary consideration” means any consideration such as is mentioned in section 61(1) (capital receipts not wholly in money paid to the authority); and

  • “notional capital receipt”, in relation to any non-monetary consideration, means the amount of the notional capital receipt determined in accordance with section 61(2).

Annotations

Commencement

I1

Reg. 105 in force at 1.4.1997, see reg. 1(1)(b)