CIL money spend

Question

CIL monies are they a capital or revenue spend allocation?

Answer 1

CIL Guidance

What can you spend it on?
CIL monies can be used to support the development of the local area to fund:
(a) the provision, improvement, replacement, operation or maintenance of infrastructure; or
(b) anything else that is concerned with addressing the demands that development places on an area.
“Infrastructure” includes physical, social and green infrastructure e.g. Highways; cycleways; education facilities; sports and community halls; parks and play areas.
CIL monies cannot be used for everyday TPC expenditure or for spending on items or services which fall outside the TPC’s remit (whether that be by statute or Power of Competence).

So capital or revenue, but not general expenditure.

Comments

Much appreciated.