{
  "url": "https://openlegislation.uk/local-government-changes-for-england-capital-finance-regulations-1995/regulation-26",
  "json_url": "https://openlegislation.uk/local-government-changes-for-england-capital-finance-regulations-1995/regulation-26.json",
  "legislation": "uksi/1995/798",
  "legislation_title": "The Local Government Changes for England (Capital Finance) Regulations 1995",
  "legislation_url": "https://openlegislation.uk/local-government-changes-for-england-capital-finance-regulations-1995",
  "path": "regulation/26",
  "kind": "regulation",
  "number": "26",
  "heading": "Non-housing component of participant authority",
  "text": "(1) In this regulation—\n“excluded non-housing arrangement” means an excluded arrangement which is a non-housing arrangement;\n“non-housing arrangement” means a credit arrangement which is not a housing arrangement within the meaning of regulation 25 above;\n“relevant day” means the last day of the financial year immediately preceding the financial year in which, in relation to any credit arrangement, the vesting day falls; and\n“relevant non-housing arrangement” means a relevant arrangement which is a non-housing arrangement.\n(2) Any reference in this regulation to the non-housing component of a participant authority shall be construed as a reference to that authority’s non-housing component on the relevant day.\n(3) Where the rights and liabilities under a relevant non-housing arrangement are vested in a participant authority, or a participant authority and any other local authority or the Residuary Body jointly and severally, the participant authority’s non-housing component shall be adjusted by—\n(a) adding to it an amount equal to the determined amount for the arrangement in question; and\n(b) deducing from it an amount equal to the aggregate of T and U as determined for the arrangement in question.\n(4) Where the rights and liabilities under an excluded non-housing arrangement are vested in a participant authority, or a participant authority and any other local authority or the Residuary Body jointly and severally, the participant authority’s non-housing component shall be adjusted by deducting from it an amount equal to the aggregate of R, T and U as determined for the arrangement in question.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/798/regulation/26",
    "retrieved_at": "2026-10-29T13:12:44.507084+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}