The Local Authorities (Capital Finance and Accounting) (England) (Amendment) (No.2) Regulations 2009

• Citation: S.I. 2009/2272
• Sections: 3

Section 1 Citation, commencement and application

(1) These Regulations may be cited as the Local Authorities (Capital Finance and Accounting) (England) (Amendment) ( No. 2) Regulations 2009 and shall come into force on 1st October 2009.

(2) These Regulations apply only in relation to local authorities in England.

Section 2 Amendment of Regulations

The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003 are amended as specified in regulation 3.

Section 3 Capital receipts treated as reduced

In regulation 14, after paragraph (2C), insert—

(2D) Paragraph (2) shall not apply to capital receipts arising from the disposal of an interest in housing land which is the subject of an agreement made under section 80B of the Local Government and Housing Act 1989