Under the 'set-aside' regime, which ran until
The Department recorded the value of capital receipts set-aside but no differentiation was made between RTB sales, transfer receipts and other disposals of housing assets which generated a capital receipt.
The gross value of right to buy capital receipts and the gross value of transfer receipts were collected as separate exercises—though the value of set-aside resulting from these receipts cannot be separately identified.
The following table shows the gross receipts from Large Scale Voluntary Transfers (LSVT) of local authority housing from 1997-98 to date, the gross value of right to buy receipts generated by disposals in both with-debt and debt-free authorities from 1997-98, the value of capital receipts set-aside from 1997-98 to 2002-03 and the value of pooled capital receipts for 2004-05 to 2006-07.
|Transfer receipts||Total RTB receipts||Set-aside/pooled capital receipts|
|2007-08 to date||156.86||No data||No data|
| Note: |
The Department does not collect data on the level of debt actually repaid using transfer receipts. This is a treasury management decision for the local authority. The only data collected on transfer receipts is their total value. No data on set-aside was collected for 2003-04 as a result of the transition to the pooling regime which was introduced in 2004-05. The Department does not collect data on the value of receipts retained by local authorities.