In this Schedule—

• “available buy back allowance” is an amount calculated in accordance with paragraph 3(2);

• F2“assumed debt” is an amount calculated in accordance with paragraph 4A;

• “attributable debt” means the amount of debt associated with a dwelling subject to the duty under section 74 of the Local Government and Housing Act 1989 (duty to keep a housing revenue account) set out in “the table of debt associated with HRA properties” dated 31st March 2013 which is published on the website of GOV.UK and deposited at the Department’s principal office;

• “buy back allowance” is an amount calculated in accordance with paragraph 3;

• F3“local authority share cap” is an amount calculated in accordance with paragraph 4B;

• “London authorities” means—

  1. i

     a London borough council; and

  2. ii

     the Common Council of the City of London;

• F7“pooling period” means one of the following periods—

  1. a

     a quarter beginning before 1st April 2021;

  2. b

     a financial year beginning on or after 1st April 2021;

• F7“pooling period 1” means the period from 1st April 2012 to 30th June 2012;

• F4“previous financial year” means the financial year before the relevant financial year;

• F7“quarter” means one of the following periods—

  1. a

     1st April to 30th June;

  2. b

     1st July to 30th September;

  3. c

     1st October to 31st December;

  4. d

     1st January to 31st March;

• F5...

• F7“relevant financial year” means, in relation to the calculation of the sub-liability, the financial year to which the calculation relates;

• F6...

• “transaction cost” means in relation to—

  1. i

     London authorities, £2850:

  2. ii

     local authorities that are not London authorities, £1300.