Paragraph 9 Basic income amount.

by multiplying £10 million by the most up to date estimate then available for that authority’s council house stock at 30 September 1988 and dividing by the estimated council house stock in Scotland, again at 30 September 1988;

by taking the lower of the figure thus derived and the 1987-88 rate fund contribution limit for the Council as specified in the Housing Revenue Account Rate Fund Contribution Limits (Scotland) Order 1987 ^f1.