Statutory guidance

Guidance on flexible use of capital receipts

Statutory guidance for local authorities on the framework for flexible use of capital receipts.

Document

Guidance on flexible use of capital receipts

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Details

The 2015 Spending Review gave local authorities the right to use capital receipts on the revenue costs of reform projects.

This guidance and the attached draft direction provide detail on the types of project that qualify and set out the expected governance and transparency framework.

The final signed directions will be issued alongside the final settlement in February 2016.

If you have any questions or comments on the guidance or direction, email capitalreceiptsflexibility@communities.gsi.gov.uk

Published 17 December 2015