Capital receiptsN.I.

Non-money receiptsN.I.

21—(1) Regulations may apply section 20 to cases where—

(a)a council makes a disposal of the kind mentioned in subsection (1) of that section and the consideration for the disposal does not consist wholly of money payable to the council, or

(b)a council receives otherwise than in the form of money anything which, if received in that form, would be a capital receipt under that section.

(2) Regulations under subsection (1) may, in particular—

(a)make provision for a council to be treated as receiving a sum of such an amount as may be determined under the regulations;

(b)make provision about when the deemed receipt is to be treated as taking place.