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Planning Advisory Service (PAS)
Open group | Started - July 2012 | Last activity - Yesterday

CIL - Spend and Loan Repayment

Ruth Willcox, modified 7 Years ago.

CIL - Spend and Loan Repayment

New Member Posts: 8 Join Date: 10/11/16 Recent Posts

I've come across disparate advice/positions regarding use of CIL for loan repayment and Regulation 60.

CIL Regs (Regulation 60) appear to indicate, given lack of Secretary of State direction that  Local Authorities cannot currently use CIL for spend reimbursement or loan repayment, 

but I came across this on an  LA Website:

"CIL revenues may be used to meet the borrowing costs of financing infrastructure the delivery of which is brought forward in support of growth."

Is this correct?