Paragraph 7 Deduction from council tax benefit subsidy

(1)

Subject to sub-paragraphs (2) and (3) below, in the case of an authority where the savings which are the sum of (A + D) are less than I. the deduction for that authority shall be 20 per cent. of the sum calculated by applying the following formula—

{(A + D) - I} \times \frac{D}{(A + D)}

(2)

Subject to sub-paragraph (3) below, in the case of an authority where the savings which are the sum of (A + D) are less than J, the deduction for that authority shall be the amount calculated for that authority in sub-paragraph (1) above, together with a further amount of 30 per cent. of the sum calculated by applying the following formula—

{(A + D) - J} \times \frac{D}{(A + D)}

(3)

In a case where the value of G for a relevant authority is less than £60,000, there shall be no deduction for that authority.