# The Local Government Changes For England (Property Transfer and Transitional Payments) Regulations 1995, Paragraph 5: Calculations by Designated Authorities


The amount of K shall be determined in such manner as the designated authority and the participant authority may agree or, in default of such agreement, in accordance with the formula—
KA×dD where—
KA is an amount equal to the total of the item in the final accounts which relates to relevant capital receipts; and
D and d have the same meaning as in paragraph 2 above.

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Source: https://www.legislation.gov.uk/uksi/1995/402/schedule/paragraph/5 (the official version)
Page: https://openlegislation.uk/local-government-changes-for-england-property-transfer-and-transitional-payments-regulations-1995/schedule/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.