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Article 29 The rent surplus fund

Original text. Later amendments are not shown.

(1)

The surpluses calculated in the manner determined under section 55(3) of the Housing Act 1988 shall be shown in the notes to the accounts.

(2)

These surpluses shall be transferred to the rent surplus fund.

(3)

Where sums are in the rent surplus fund in respect of previous periods of account, they shall be accumulated with any sums transferred to the rent surplus fund in respect of the period of account.