Paragraph 7 Deduction from council tax benefit subsidy

(1)

Subject to sub-paragraph (2), 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 the sum calculated by applying the following formula—

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