# The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003, Paragraph 4A


Subject to paragraph 4C, the assumed debt is—
(a) in the financial year beginning on 1st April 2021, the amount of debt assumed to be associated with a local authority in that year as set out in Table A in this Schedule; and
(b) in each subsequent financial year—
N*×1.01

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Source: https://www.legislation.gov.uk/uksi/2003/3146/schedule/paragraph/4A (the official version)
Page: https://openlegislation.uk/local-authorities-capital-finance-and-accounting-england-regulations-2003/schedule/paragraph-4A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.