# The Local Authorities (Capital Finance) Regulations 1997, Regulation 105: Interpretation

Extent: E+W
Status: prospective

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).

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/105 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-105
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.