# The Local Authorities (Capital Finance) Regulations 1997, Regulation 5: Repayment of grants by local authority

Extent: E+W
Status: prospective

Where a local authority are required to repay or make a payment in respect of any grant or other financial assistance made or given to them by a Minister of the Crown or Community institution towards expenditure for capital purposes, the expenditure incurred by the authority on making that repayment or payment shall be expenditure for capital purposes.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/5 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.