# The Local Government (Prescribed Expenditure) (Amendment) Regulations 1987, Schedule: PRESCRIBED PROPORTIONS OF NET CAPITAL RECEIPTS


Column 1
Column 2
Column 3
1 Land held for the purposes of the Housing Act 1985 not being land comprising a dwelling-house.
30%
–
2 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.
20%
15%
3 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–
(a) is disposed of on a shared ownership lease, or
(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.
30%
–
4 Land (including buildings and structures on land) held other than for the purposes of the Housing Act 1985.
30%
50%
5 A vehicle or vessel and any movable or immovable plant, machinery or apparatus.
30%
50%
6 A grant or advance, not being one made under the Housing Act 1985 or mentioned in paragraph 7.
30%
50%
7 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.
20%
15%
8 An advance made to enable a person—
(a) to acquire otherwise than from an authority an interest in a dwelling-house, or
(b) to improve a dwelling-house.
20%
15%
9 A grant or advance made to a housing association.
1%
1%

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Source: https://www.legislation.gov.uk/uksi/1987/351/schedule (the official version)
Page: https://openlegislation.uk/local-government-prescribed-expenditure-amendment-regulations-1987/schedule
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.