# The Local Authorities (Capital Finance) Regulations 1997, Regulation 59: Payment made to redeem landlord’s share

Extent: E+W
Status: prospective

A sum received by a local authority in respect of an interim or final payment made in accordance with Schedule 6A to the Housing Act 1985 (redemption of landlord’s share), if it is not a capital receipt by virtue of section 58(1)(a) (capital receipts), shall be a capital receipt.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/59 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-59
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.