C1C3PART 1FINANCIAL ADMINISTRATION
Annotations:
Modifications etc. (not altering text)
C3
Pt. 1 applied with modifications (1.4.2015) by The Local Government (Constituting a Joint Committee a Body Corporate) Order (Northern Ireland) 2015 (S.R. 2015/183), arts. 1, 4
Capital receipts
I1I2C222Use of capital receipts
1
Regulations may make provision about the use of capital receipts by a council.
2
Regulations under subsection (1) may, in particular, make provision requiring an amount equal to the whole or any part of a capital receipt to be used only to meet—
a
capital expenditure, or
b
debts or other liabilities.
Pt. 1 applied with modifications (2.4.2012) by The Local Government (Constituting Joint Committees as Bodies Corporate) Order (Northern Ireland) 2012 (S.R. 2012/10), arts. 1, 4