Paragraph 3 F

(1)

F (increase in budget requirement) equals G − H.

(2)

G is the amount of the authority’s budget requirement for the financial year beginning with 1st April 2000, calculated under section 43 of the 1992 Act^f1 or (in relation to the Greater London Authority) the consolidated budget requirement calculated under section 85(8) of the 1999 Act^f2.

(3)

H (the budget requirement consistent with the guideline council tax for the financial year beginning with 1st April 1999 and estimated by the Secretary of State) is the amount shown in relation to the authority in column 4 of Table A in this Schedule.

Annotations

Footnotes

f1: Section 43 of the 1992 Act is adapted in relation to the financial year beginning with 1st April 2000 by the Local Authorities (Alteration of Requisite Calculations) (England) Regulations 2000 (S.I. 2000/213), and in its application to the Receiver for the Metropolitan Police District in respect of the financial year beginning with 1st April 2000, section 43 is adapted by the Greater London Authority Act 1999 (Transitional and Consequential Finance Provisions) Order 1999 (S.I. 1999/3435).
f2: Section 85(8) of the 1999 Act is adapted in relation to the financial year beginning with 1st April 2000 by the Greater London Authority Act 1999 (Commencement No. 3 and Transitional Finance Provisions) Order 1999 (S.I. 1999/3434 (C. 96)).