Guidance

Capitalisation directions (excluding equal pay) 2011 to 2012: policy and procedures guidance

This guidance note sets out the procedures for the issue of capitalisation directions by the Secretary of State for 2011 to 2012.

Document

Capitalisation directions (excluding equal pay) 2011-12: policy and procedures - Guidance

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

The guidance sets out the government’s policy, application assessment criteria and process timetables for issuing capitalisation directions to local authorities for financial year 2011 to 2012.

Capitalisation directions permit local authorities to fund expenditure by borrowing or capital receipts, which would under normal accounting rules, need to be funded from revenue resources.

Published 2 March 2011