# The Local Authorities (Capital Finance) Regulations 1997, Regulation 61: Capital receipts not exceeding £6,000

Extent: E+W
Status: prospective

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.

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Source: https://www.legislation.gov.uk/uksi/1997/319/regulation/61 (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-regulations-1997/regulation-61
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.