# The Local Authorities (Capital Finance) Regulations 1997, Regulation 147: Determining the non-housing component

Extent: E+W
Status: prospective

(1) For the purposes of regulation 141, the authority shall determine the non-housing component on the last day of the last year by deducting their non-housing reduction in the last year from the aggregate of—
(a) their non-housing component on the last day of the year before the last year;
(b) their non-housing increase in the last year; and
(c) the amount, if any, determined in accordance with regulation 150.
(2) The authority’s non-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/147 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-147
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.