Local Government and Housing Act 1989 (c. 42)

SCHEDULES

SCHEDULE 4 The Keeping of the Housing Revenue Account

Part III Special Cases

Credit balance where no HRA subsidy payable

2 A local housing authority to whom no Housing Revenue Account subsidy is payable for any year may carry the whole or part of any credit balance shown in their Housing Revenue Account for that year to the credit of some other revenue account of theirs.