Part II Operation of Account

Part II Operation of Account

Credits

2

(1)     For each year a local authority shall carry to the credit of the housing revenue account amounts equal to—

(a)     the income receivable by the local authority from standard rents;

(b)     any income receivable by the local authority for that year in respect of service charges, supplementary charges, feuduties and any other charges in respect of houses and other property to which the account relates;

(c)     . . .

(d)     any income receivable by the local authority for that year in respect of all such buildings as are referred to in paragraph 1(1)(e);

(e)     any payments received by the local authority from another local authority in pursuance of any overspill agreement, being payments such as are mentioned in paragraph 3(f) of this Schedule;

(f)     . . .

(g)     income, and receipts in the nature of income, being income or receipts arising for that year from the investment or other use of money carried to the account;

(h)     any other income of any description, except a contribution out of the general fund kept under section 93 of the Local Government (Scotland) Act 1973, receivable by the local authority for that year, being income relating to expenditure

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