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The Local Authorities (Capital Finance) Regulations 1997
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Lease of dwelling-house for use as accommodation for homeless persons
30.—(1) In this regulation, “dwelling-house” has the same meaning as in Part IV of the Housing Act 1985 (secure tenancies and rights of secure tenants)(1).
(2) The initial cost of a lease of a dwelling-house shall be nil where the term of the lease does not exceed ten years and the authority have decided, before they become the lessees under the lease, to use, or continue to use, the dwelling-house to provide accommodation in the exercise of their functions under Part VII of the Housing Act 1996 (homelessness)(2).
(1)
1985 c. 68. See section 112 of the Act.
(2)
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