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The Local Authorities (Capital Finance) Regulations 1997
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Assets held for the administration of justice or for the purposes of the police or civil defence
71. The reserved part shall be 75 per cent. in the case of a capital receipt, other than a nil per cent. receipt, which is received in respect of the disposal of an interest in any asset which, at any time on or after 23rd March 1989, has been held for the purposes of or in connection with—
(a)the Central Criminal Court;
(b)the police, probation or magistrates' court services; or
(c)any functions of the authority conferred under section 2 of the Civil Defence Act 1948(1).
(1)
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