Section 21 Non-money receiptsI1C1
Regulations may apply section 20 to cases where—
a council makes a disposal of the kind mentioned in subsection (1) of that section and the consideration for the disposal does not consist wholly of money payable to the council, or
a council receives otherwise than in the form of money anything which, if received in that form, would be a capital receipt under that section.
Regulations under subsection (1) may, in particular—
make provision for a council to be treated as receiving a sum of such an amount as may be determined under the regulations;
make provision about when the deemed receipt is to be treated as taking place.
Annotations
Modifications
- C1
Ss. 17-22 applied (with mods) (2.7.2013) by The Local Government (Statutory Transition Committees) Regulations (Northern Ireland) 2013 (S.R. 2013/179), regs. 1(1), 23, Sch. 3
Commencement
- I1
S. 21 in operation at 1.4.2012 by S.R. 2011/306, art. 2(3)
Notes on Part 1
Modifications
- C1
Pt. 1 applied with modifications (2.4.2012) by The Local Government (Constituting Joint Committees as Bodies Corporate) Order (Northern Ireland) 2012 (S.R. 2012/10), arts. 1, 4
- C2
Pt. 1 applied with modifications (1.4.2015) by The Local Government (Constituting a Joint Committee a Body Corporate) Order (Northern Ireland) 2015 (S.R. 2015/183), arts. 1, 4