xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULEINFORMATION TO BE INCLUDED IN THE NOTES TO THE ACCOUNTS

PART 2OTHER INFORMATION TO BE INCLUDED IN THE NOTES TO THE ACCOUNTS

Fixed asset investment

32.—(1) Where a registered social landlord disposes of a house on shared equity terms, that disposal shall be treated as a fixed asset investment and the grant the registered social landlord receives from the Scottish Ministers shall be treated as a capital grant and shown separately as a deduction from the investment.

(2) For the purposes of this paragraph, “disposed of on shared equity terms” has the meaning given in section 58(6) of the Housing (Scotland) Act 2001(1).