The Housing (Scotland) Act 2001 (Alteration of Housing Finance Arrangements) Order 2008 No. 28

Accounting arrangements for income and expenditure accounted for in the housing revenue account and land held on that account

4.  Inverclyde Council will, in addition, keep a separate accounting record of all buildings and land which would immediately before 1st April 2008, have been held in the housing revenue account of that local authority and any such record will record income received by Inverclyde Council for a disposal of any such building or land.