# The Local Authorities (Capital Finance) Regulations 1997, Regulation 24: Other leases excluded from section 48

Extent: E+W
Status: prospective

(1) A lease of any property is excluded from section 48 if it is—
(a) assigned to the authority by a new town corporation; or
(b) granted to the authority in accordance with regulations made under section 100 of the Housing Act 1988 (tenants continuing as tenants of public sector landlord).
(2) A lease of any property is excluded from section 48 if a local authority become the lessees by virtue of—
(a) the Local Government Changes for England (Property Transfer and Transitional Payments) Regulations 1995;
(b) article 9 of the Police and Magistrates' Courts Act 1994 (Commencement No. 5 and Transitional Provisions) Order 1994;
(c) a combination scheme under the Fire Services Act 1947;
(d) the Local Government Reorganisation (Wales) (Property etc.) Order 1996; or
(e) article 15 of the National Park Authorities (England) Order 1996, or an agreement under section 76 of the Environment Act 1995 (agreements as to incidental matters) or an award under subsection (3) of that section.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/24 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.