Schedules

Schedule 1Miscellaneous and Consequential Amendments Relating to Housing Revenue Account and Housing Subsidies

Part IAmendments Relating to Housing Revenue Account

The Housing (Financial Provisions) (Scotland) Act 1972

1In Schedule 4 (Housing Revenue Account)—

(1)In paragraph 1, the following provisions shall cease to have effect:

(a)in sub-paragraph (1), head (d);

(b)sub-paragraphs (5) and (6).

(2)In paragraph 2, head (f) shall cease to have effect.

(3)Paragraphs 5 and 6 shall cease to have effect.

(4)For paragraph 11 there shall be substituted the following paragraph—

11(1)If at the end of any year a credit balance is shown in the housing revenue account, it shall be carried forward and credited to the account for the next following year.

(2)If for any year a deficit is shown in the said account, the local authority shall carry to the credit of the account a rate fund contribution of an amount equal to the deficit.

NOTE The amendments contained in this Part of this Schedule shall have effect only as respects the year 1975-76 and later years..

Part IIAmendments Relating to Housing Subsidies

The Housing (Financial Provisions) (Scotland) Act 1972

2In section 3 (local authorities housing expenditure subsidy)—

(1)In subsection (1), in paragraph (a), the word " and ", and paragraph (b) shall cease to have effect.

(2)In subsection (2), the words after " expenditure per house " shall cease to have effect.

(3)In subsection (3), for the words " 1972-73 " there shall be substituted the words

1975-76,

and for the word " excess" there shall be substituted the word

increase.

(4)In subsection (4), the following provisions shall cease to have effect—

(a)in paragraph (a), the word " and " ;

(b)paragraph (b) ;

(c)the words " and the associated contribution out of the general rate fund " ;

(d)column 3 of the Table.

(5)Subsections (6), (9)(c) and (d) and (11) shall cease to have effect.

3In section 4 (local authorities high cost subsidy)—

(1)In subsection (1), in paragraph (a), the word " and ", and paragraph (b) shall cease to have effect.

(2)In subsection (2), the words " or associated contribution out of the general rate fund " shall cease to have effect.

(3)In subsection (4), in paragraph (a), the word " and ", and paragraph (b) shall cease to have effect.

(4)In subsection (5), the words " under section 28 or 29 of this Act" shall cease to have effect.

4In section 9 (housing expenditure subsidy payable to development corporations and Scottish Special Housing Association)—

(1)In subsection (2), the words after " expenditure per house " shall cease to have effect.

(2)In subsection (3), for the words " 1972-73 " there shall be substituted the words

1975-76,

for the word " excess " there shall be substituted the word

increase.

(3)Subsection (7) shall cease to have effect.

(4)In subsection (8), for the word " (7)" there shall be substituted the word

(6).