The Local Authorities (Capital Finance and Accounting) (England) Regulations 2003

[F1[F24A.  [F3Subject 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—

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