Statutory Instruments
2009 No. 2272
Local Government, England
The Local Authorities (Capital Finance and Accounting) (England) (Amendment) (No.2) Regulations 2009
Made
19th August 2009
Laid before Parliament
26th August 2009
Coming into force
1st October 2009
The Secretary of State, in exercise of the powers conferred by sections 9(3) and 11 of the Local Government Act 2003( 1 ), makes the following Regulations:
Citation, commencement and application
1. β(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.
Amendment of Regulations
2.The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003( 2 ) are amended as specified in regulation 3.
Capital receipts treated as reduced
3. In regulation 14, after paragraph (2C), insertβ
β (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 ( 3 ) β .
Signed by authority of the Secretary of State for Communities and Local Government
Bill McKenzie
Parliamentary Under Secretary of State
Department for Communities and Local Government
19th August 2009
S.I. 2003/3146 as amended by S.I. 2006/521 . There are other amending instruments but none is relevant to these Regulations.
1989 c.42 . Section 80B was inserted by section 313 of the Housing and Regeneration Act 2008 (c.17) .