# The Local Government Changes for England (Capital Finance) Regulations 1995, Regulation 24: Housing component of newly-established participant authority


Where a participant authority who are a newly-established authority are required on and after the reorganisation date to keep a Housing Revenue Account, that authority shall be treated as if, on the last day of the preliminary period, they had—
(a) a housing component of nil; and
(b) a non-housing component equal to their relevant amount.

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Source: https://www.legislation.gov.uk/uksi/1995/798/regulation/24 (the official version)
Page: https://openlegislation.uk/local-government-changes-for-england-capital-finance-regulations-1995/regulation-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.