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