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The Local Authorities (Capital Finance and Approved Investments) (Amendment) Regulations 1996
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- 1996 No. 568
- Regulation 9
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Capital receipts to be treated as reduced: disposal of recently acquired interest
9. In regulation 15, for paragraph (2)(a) substitute the following—
“the disposal takes place not later than five years after the date on which the local authority disposing of the interest acquired an interest in the land;”.
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