Housing Needs Expenditure

Part of Oral Answers to Questions — Environment – in the House of Commons at 12:00 am on 1 April 1987.

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Photo of Hon. Nicholas Ridley Hon. Nicholas Ridley , Cirencester and Tewkesbury 12:00, 1 April 1987

I have no immediate plans to alter the rule whereby local authorities can spend the whole of their receipts from council house sales, provided they do not use more than 20 per cent. of them a year for prescribed expenditure.