{
  "url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-regulations-2003/schedule/paragraph-4",
  "json_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-regulations-2003/schedule/paragraph-4.json",
  "legislation": "uksi/2003/3146",
  "legislation_title": "The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003",
  "legislation_url": "https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-regulations-2003",
  "path": "schedule/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "In this Schedule—\nA means the total receipts received from the disposal of dwellings in the relevant financial year;\nA* means the value of A in the previous financial year;\nB 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;\nC means the total of the assumed debt for each pooling period from pooling period 1 to the relevant financial year;\nD means the local authority share cap for the relevant financial year;\nE means the total transaction cost calculated in accordance with paragraph 5;\nE* means the total transaction cost for the previous financial year;\nF has the meaning set out in paragraph 11, except for the pooling 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.\nF* means the value of F for the previous financial year;\nF** means the total of the value of F for each pooling period from pooling period 1 to the previous financial year;\nF*** has the meaning set out in paragraph 6;\nG has the meaning set out in paragraph 8;\nG*means the value for G in the previous financial year;\nH means the transaction cost;\nI means the number of disposals of dwellings during the relevant financial year;\nJ means deductible buy back allowance for the relevant financial year and is calculated in accordance with paragraph 12;\nJ* means the value of J for the previous financial year;\nK means the sub-liability for the relevant financial year and is calculated in accordance with paragraph 13;\nK* means the value of K for the previous financial year;\nL is calculated in accordance with paragraph 10;\nL* means the value of L for the previous financial year;\nL** has the meaning set out in paragraph 9(1);\nM has the meaning set out in paragraph 7 ; and\nN* means the assumed debt for the previous financial year;\nO* means the local authority share cap for the previous financial year;\nP has the meanings set out in paragraph 9(2) and (4);\nP* means the value of P for the previous financial year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "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"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "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)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2003/3146/schedule/paragraph/4",
    "retrieved_at": "2026-10-29T05:38:10.449991+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."
}