Article 22

There shall be ascertained the amounts which bear to—

(a)

the balance on the housing revenue account,

(b)

the balance on the housing repairs account,

(c)

the balance on the general rate fund account other than the said accounts,

(d)

the balances on any capital fund and renewal and repairs fund, respectively,

(e)

the outstanding amounts of all repayable advances from any capital fund and renewal and repairs fund, respectively,

of an area named in column (1) of the following table the proportion which the product of a rate of one penny in the pound for the area specified in respect of such first-mentioned area in column (2) bears to the product of a rate of one penny in the pound for the first-mentioned area. The said amounts shall be payable by the council of the area so specified in column (3) to the council of the London borough so specified in column (4).

TABLE

(1)	(2)	(3)	(4)
The metropolitan borough of Wandsworth	The area of the metropolitan borough included in the London borough of Lambeth	The London borough of Wandsworth	The London borough of Lambeth.
The metropolitan borough of Woolwich	The area of the metropolitan borough included in the London borough of Newham	The London borough of Greenwich	The London borough of Newham.
The borough of Barking	The area of the borough included in the London borough of Newham	The London borough of Barking
The borough of Dagenham	The area of the borough included in the London borough of Redbridge	The London borough of Barking	The London borough of Redbridge.
The urban district of Chigwell	The area of the urban district included in the London borough of Redbridge	The urban district of Chigwell
The urban district of Chislehurst and Sidcup	The area of the urban district included in the London borough of Bromley	The London borough of Bexley	The London borough of Bromley.