1. This Order may be cited as the Housing (Scotland) Act 2001 (Alteration of Housing Finance Arrangements) Order 2007 and shall come into force on 1st April 2007.
2. In this Order–
“the 1987 Act” means the Housing (Scotland) Act 1987(1);
“year” means a financial year within the meaning of section 96(5) of the Local Government (Scotland) Act 1973(2); and
“general fund” means the fund which a local authority requires to have by virtue of section 93 of the Local Government (Scotland) Act 1973.
3. 1st April 2007 is the date on which–
(a)sections 191 to 193 (housing support grants) of the 1987 Act; and
(b)section 203(1) (duty to keep housing revenue account) of the 1987 Act,
cease to apply in relation to the following local authorities:–
(i)Argyll and Bute Council; and
(ii)Comhairle nan Eilean Siar.
4. The income and expenditure of any local authority mentioned in article 3 which would, prior to 1st April 2007, have been income and expenditure accounted for in the housing revenue account shall, subject to article 5, on and after that date be paid into, or as the case may be out of, the general fund of that local authority.
5. Each local authority mentioned in article 3 shall, in addition, keep a separate accounting record of all buildings and land which would immediately before 1st April 2007, have been held in the housing revenue account of that local authority and any such record shall record income received by that local authority for a disposal of any such building or land.
RHONA BRANKIN
A member of the Scottish Executive
St Andrew’s House,
Edinburgh
8th February 2007