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Regulation 61 Capital receipts not exceeding £6,000I1

England and Wales Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

A sum received by a local authority which, apart from this regulation, would be a capital receipt by virtue of section 58(1)(a) shall not be a capital receipt if the aggregate of all sums received or to be received by the authority in respect of the disposal for which the sum is paid does not exceed £6,000.

Annotations

Commencement

I1

Reg. 61 in force at 1.4.1997, see reg. 1(1)(b)