OpenLegislation

Paragraph 4 F1

In this Schedule—

  • A means the total receipts received from the disposal of dwellings in the F2relevant financial year;

  • A* means the value of A in the F3previous financial year;

  • B means the total of the attributable debt associated with the dwellings disposed of from 1st April 2012 to the last day of the relevant financial year;

  • C means the total of the assumed debt for F4each pooling period from F5pooling period 1 to the relevant financial year;

  • D means the local authority share cap for the relevant financial year;

  • E means the total transaction cost calculated in accordance with paragraph 5;

  • E* means the total transaction cost for the previous financial year;

  • F6F has the meaning set out in paragraph 11, except for the F7pooling periods during the period 1 April 2012 to 31 March 2013 where the value of F shall be the amount calculated as F on the due date for each of those pooling periods.

  • F* means the value of F for the previous financial year;

  • F** means the total of the value of F for F8each pooling period from F9pooling period 1 to the previous financial year;

  • F*** has the meaning set out in paragraph 6;

  • G has the meaning set out in paragraph 8;

  • G*means the value for G in the previous financial year;

  • H means the transaction cost;

  • I means the number of disposals of dwellings during the relevant financial year;

  • J means deductible buy back allowance for the relevant financial year and is calculated in accordance with paragraph 12;

  • J* means the value of J for the previous financial year;

  • K means the sub-liability for the relevant financial year and is calculated in accordance with paragraph 13;

  • K* means the value of K for the previous financial year;

  • L is calculated in accordance with paragraph 10;

  • L* means the value of L for the previous financial year;

  • L** has the meaning set out in F10paragraph 9(1);

  • M has the meaning set out in paragraph 7 F11; and

  • F12N* means the assumed debt for the previous financial year;

  • O* means the local authority share cap for the previous financial year;

  • F13P has the meanings set out in paragraph 9(2) and (4);

  • P* means the value of P for the previous financial year.

Annotations

Textual amendments

F1

Sch. substituted (1.4.2013) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2013 (S.I. 2013/476), regs. 1(3), 4, Sch. (with reg. 7)

F2

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(a) (with reg. 7(3))

F3

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(b) (with reg. 7(3))

F4

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(c)(i) (with reg. 7(3))

F5

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(c)(ii) (with reg. 7(3))

F6

Words in Sch. substituted (13.8.2013) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) (No.2) Regulations 2013 (S.I. 2013/1751), regs. 1(2), 4

F7

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(d) (with reg. 7(3))

F8

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(e)(i) (with reg. 7(3))

F9

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(e)(ii) (with reg. 7(3))

F10

Words in Sch. para. 4 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(f) (with reg. 7(3))

F11

Word in Sch. para. 4 inserted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(g) (with reg. 7(3))

F12

Words in Sch. para. 4 inserted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(4)(h) (with reg. 7(3))

F13

Words in Sch. para. 4 substituted (1.4.2023) by The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(2)

Notes on Schedule

Textual amendments

F2

Sch. Table A substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), reg. 1(2), Sch. 1 (with reg. 7(3)(4)(6)(7))

F3

Words in Sch. Table A omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(7)(a)

F4

Words in Sch. Table A omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(7)(b)

F5

Words in Sch. Table A omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(7)(c)

F6

Words in Sch. Table A omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(7)(d)

F7

Words in Sch. Table A omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(7)(e)

F8

Words in Sch. Table A omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(7)(f)

F9

Sch. Table AA inserted (1.4.2023) by The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(8)

F10

Sch. Table B substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), reg. 1(2), Sch. 2 (with reg. 7(3)(5)(7))

F11

Words in Sch. Table B omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(9)(a)

F12

Words in Sch. Table B omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(9)(b)

F13

Words in Sch. Table B omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(9)(c)

F14

Words in Sch. Table B omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(9)(d)

F15

Words in Sch. Table B omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(9)(e)

F16

Words in Sch. Table B omitted (1.4.2023) by virtue of The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(9)(f)

F17

Sch. Table BB inserted (1.4.2023) by The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(10)