# The Local Authorities (Capital Finance) Regulations 1997, Regulation 11: Expenditure required to be charged to a revenue account

Extent: E+W
Status: prospective

Expenditure in respect of which a local authority have made a determination under section 42(2)(g) (expenditure which the authority determine is, or is to be, reimbursed) shall not be expenditure falling within section 42(2) where—
(a) 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 1985; and
(b) the contribution is, or is to be, paid by way of commuted payments within the meaning given to that expression in section 157 (commutation of, and interest on, periodic payments of grants etc.).

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/11 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.