Guidance

Capital finance amendment regulations 2013: commentary

This informal commentary summarises the intended effects of the capital finance amendment regulations 2013.

Document

Changes to the capital finance system: an informal commentary by DCLG on The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2013 (SI 2013/476)

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Details

This informal commentary summarises the intended effects of the Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2013.

This commentary describes the effects of the 2 amendments (in regulations 5 and 6) which help authorities manage liabilities for equal pay compensation payments. It does not cover regulations 3, 4 and 7, relating to the pooling of housing capital receipts, on which the Department for Communities and Local Government is issuing guidance directly to the authorities affected.

Published 5 April 2013