Paragraph 4 Deduction from housing benefit subsidy

(1)

Subject to sub-paragraph (2), in the case of a relevant authority where the savings which are the sum of (A + D) are less than I, the deduction for that authority shall be the sum calculated by applying the following formula—

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

(2)

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.