{
  "url": "https://openlegislation.uk/passenger-transport-executives-capital-finance-order-1990/article-6",
  "json_url": "https://openlegislation.uk/passenger-transport-executives-capital-finance-order-1990/article-6.json",
  "legislation": "uksi/1990/720",
  "legislation_title": "The Passenger Transport Executives (Capital Finance) Order 1990",
  "legislation_url": "https://openlegislation.uk/passenger-transport-executives-capital-finance-order-1990",
  "path": "article/6",
  "kind": "article",
  "number": "6",
  "heading": "Dealings between the relevant Authority and an Executive",
  "text": "(1) Where a Passenger Transport Authority becomes the lessee under a lease in respect of which the lessor is the Executive in relation to which it is the relevant Authority, or enters into a contract the other party to which is that Executive, the lease or contract, and any variation of such a lease or contract, shall not be treated as a credit arrangement or the variation of such an arrangement for the purposes of Part IV of the Act.\n(2) Where the relevant Authority receives from an Executive a sum, or any consideration which is not in money or is paid otherwise than to the Authority,—\n(a) the sum shall not be treated as a capital receipt for the purposes of Part IV of the Act; and\n(b) section 61 of the Act shall not apply to the consideration.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1990/720/article/6",
    "retrieved_at": "2026-10-29T15:22:41.808051+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."
}