SCHEDULES

SCHEDULE 4The Keeping of the Housing Revenue Account

Part IIISpecial Cases

Contributions in respect of land in certain areas

7Where a contribution under—

(a)section 259 of the Housing Act 1985 (contributions by Secretary of State towards expenditure on general improvement area); or

(b)section 96 of this Act (contributions by Secretary of State towards expenditure on renewal area),

has been paid towards expenditure incurred by a local housing authority in relation to land held by them for the purposes of Part II of that Act (provision of housing), neither the expenditure nor the contribution shall be carried to the Housing Revenue Account except with the consent of the Secretary of State.