# The Local Authorities (Capital Finance) Regulations 1997, Regulation 21: Contracts with residuary bodies

Extent: E+W
Status: prospective

(1) In this regulation, “residuary body” means—
(a) the Local Government Residuary Body (England); or
(b) the Residuary Body for Wales or Corff Gweddilliol Cymru.
(2) A contract between a local authority and a residuary body is excluded from section 48 if it provides for a transfer of land to the authority.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/21 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.