{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-amendment-regulations-2017/regulation-2",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-amendment-regulations-2017/regulation-2.json",
  "legislation": "uksi/2017/536",
  "legislation_title": "The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2017",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-amendment-regulations-2017",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Amendment to the Local Authorities (Capital Finance and Accounting) (England) Regulations 2003",
  "text": "(1) The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003 are amended as follows.\n(2) In regulation 23 (use of capital receipts)—\n(a) at the end of paragraph (i) omit “or”;\n(b) after paragraph (j) insert—\n“or\n(k) in the case of a Mayoral development corporation established under Chapter 2 of Part 8 of the Localism Act 2011, to meet any liability to pay corporation tax.”.\n(3) In the Schedule (calculation of the sub-liability), in paragraph 9 at the end insert—\n“(f) 2.441789231 in the financial year 2017 to 2018, except in relation to Cambridge City Council where it means 2.438300307;\n(g) 2.417613100 in the financial year 2018 to 2019;\n(h) 2.393676336 in the financial year 2019 to 2020; and\n(i) 2.369976571 in the financial year 2020 to 2021.”.\n(4) In the Schedule, for Table A (assumed debt for each quarter in a year) and Table B (local authority share cap for each quarter in a year) substitute the tables set out in the Schedule to these Regulations.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2003/3146. Relevant amendments were made by S.I. 2010/454, 2012/711, 2012/1324, 2012/2269, 2013/476, 2013/1751 and 2015/341."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "2011 c. 20."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/536/regulation/2",
    "retrieved_at": "2026-10-28T23:11:27.319488+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}