# The Local Authorities (Capital Finance) Regulations 1997, Regulation 143: Determining the housing component

Extent: E+W
Status: prospective

(1) For the purposes of regulation 141, the authority shall determine the housing component on the last day of the last year by deducting their housing reduction in the last year from the aggregate of—
(a) their housing component on the last day of the year before the last year;
(b) their housing increase in the last year; and
(c) the amount, if any, determined in accordance with regulation 146.
(2) The authority’s housing component may, by virtue of paragraph (1), be nil or a negative amount.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/143 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-143
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.