{
  "url": "https://openlegislation.uk/local-government-prescribed-expenditure-amendment-regulations-1987/schedule",
  "json_url": "https://openlegislation.uk/local-government-prescribed-expenditure-amendment-regulations-1987/schedule.json",
  "legislation": "uksi/1987/351",
  "legislation_title": "The Local Government (Prescribed Expenditure) (Amendment) Regulations 1987",
  "legislation_url": "https://openlegislation.uk/local-government-prescribed-expenditure-amendment-regulations-1987",
  "path": "schedule",
  "kind": "schedule",
  "number": null,
  "heading": "PRESCRIBED PROPORTIONS OF NET CAPITAL RECEIPTS",
  "text": "Column 1\nColumn 2\nColumn 3\n1 Land held for the purposes of the Housing Act 1985 not being land comprising a dwelling-house.\n30%\n–\n2 Land comprising a dwelling-house held for the purposes of Part II of the Housing Act 1985 and normally let or available for letting, not being land mentioned in paragraph 3.\n20%\n15%\n3 Land comprising a dwelling-house held for the purposes of Part II of the Housing Act 1985 and normally let or available for letting which–\n(a) is disposed of on a shared ownership lease, or\n(b) requires significant repair or improvement, or both, and is disposed of on condition that the purchaser executes significant repair or improvement or both within a specified period.\n30%\n–\n4 Land (including buildings and structures on land) held other than for the purposes of the Housing Act 1985.\n30%\n50%\n5 A vehicle or vessel and any movable or immovable plant, machinery or apparatus.\n30%\n50%\n6 A grant or advance, not being one made under the Housing Act 1985 or mentioned in paragraph 7.\n30%\n50%\n7 An advance made by virtue of regulations under sections 450A and 450B of the Housing Act 1985 to enable a person to meet a service charge.\n20%\n15%\n8 An advance made to enable a person—\n(a) to acquire otherwise than from an authority an interest in a dwelling-house, or\n(b) to improve a dwelling-house.\n20%\n15%\n9 A grant or advance made to a housing association.\n1%\n1%",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Sections 450A and 450B are inserted by section 5 of the Housing and Planning Act 1986 (c. 63) which is not yet in force."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/351/schedule",
    "retrieved_at": "2026-10-29T16:31:19.407296+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."
}