# Localism Act 2011, Section 174: Capital receipts from disposal of housing land


In section 11 of the Local Government Act 2003 (use of capital receipts by a local authority) after subsection (5) insert—
“(6) The Secretary of State and a local authority in England may enter into an agreement with the effect that a requirement imposed under subsection (2)(b) does not apply to, or is modified in its application to, capital receipts of the authority that are specified or described in the agreement.”

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Source: https://www.legislation.gov.uk/ukpga/2011/20/section/174 (the official version)
Page: https://openlegislation.uk/localism-act-2011/section-174
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.