{
  "url": "https://openlegislation.uk/london-government-reorganisation-hampstead-heath-order-1989/article-6",
  "json_url": "https://openlegislation.uk/london-government-reorganisation-hampstead-heath-order-1989/article-6.json",
  "legislation": "uksi/1989/304",
  "legislation_title": "The London Government Reorganisation (Hampstead Heath) Order 1989",
  "legislation_url": "https://openlegislation.uk/london-government-reorganisation-hampstead-heath-order-1989",
  "path": "article/6",
  "kind": "article",
  "number": "6",
  "heading": "Financial arrangements",
  "text": "(1) Immediately before the transfer date the Residuary Body shall set aside from the reserved amount of their direct capital receipts the sum of £19.067 millions.\n(2) On the transfer date, the Residuary Body shall pay that sum to the City; and the City shall credit –\n(a) the sum of £15 millions to the Hampstead Heath Trust Fund (“the Trust Fund”) which, subject to article 7, shall be applied for defraying expenditure on the management and maintenance of the Heath lands; and\n(b) the sum of £4.067 millions to the Hampstead Heath Works Fund which shall be applied for defraying expenditure on work of any of the descriptions specified in Schedule 1 on, or in connection with, the Heath lands.\n(3) For the purposes of this article –\n(a) “direct capital receipts” has the same meaning as in article 2(1) of the Local Government Reorganisation (Capital Money) (Greater London) Order 1988; and\n(b) “the reserved amount” means the sum of £70 millions referred to at the end of the definition of “R” in paragraph 2 of Schedule 3 to that Order.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1988/359, amended by S.I. 1988/2202."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/304/article/6",
    "retrieved_at": "2026-10-29T15:49:06.402094+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."
}