OpenLegislation

Part I Credits to the Account

England and Wales

For each year a local housing authority who are required to keep a Housing Revenue Account (“the account”) shall carry to the credit of the account amounts equal to the items listed in this Part of this Schedule.

  1. Item 1: rents
  2. Item 2: charges for services and facilities
  3. Item 3: Housing Revenue Account subsidy
  4. Item 4: contributions towards expenditure
  5. Item 5: housing benefit transfers
  6. Item 6: transfers from the Housing Repairs Account
  7. Item 7: reduced provision for bad or doubtful debts
  8. Item 8: sums calculated as determined by Secretary of State
  9. Item 9: sums directed by Secretary of State or National Assembly for Wales
  10. Item 10: credit balance from previous year