Paragraph 45 Interpretation of ScheduleF1

In this Schedule—

• “actual rating income”, in relation to a billing authority, has the meaning given by paragraph 32(4)(b);

• “basis of calculation” has the meaning given by paragraph 12(1);

• “the central share” has the meaning given by paragraph 4;

• “deemed rating income”, in relation to a billing authority, has the meaning given by paragraph 32(4)(a);

• “local government finance report” has the meaning given by paragraph 5(1);

• “the local share” has the meaning given by paragraph 4;

• “levy account” has the meaning given by paragraph 19(1);

• “levy payment” has the meaning given by paragraph 22(1);

• “main non-domestic rating account” has the meaning given by paragraph 1(1);

• a “pool of authorities” means two or more relevant authorities designated as a pool of authorities under paragraph 34;

• “relevant authority” means—

  1. (a)

     a billing authority in England, or

  2. (b)

     a major precepting authority in England;

• “safety net payment” has the meaning given by paragraph 25(1);

• “year” means a chargeable financial year.