Regulation 4 Assumptions relating to provisional amounts
In relation to financial years beginning on or after 1st April 1997, in Schedule 2—
(a)
in paragraph 2(12) for “0.992” there is substituted “0.962”;
(b)
for sub-paragraph (1) of paragraph 8 there is substituted—
“8(1)It shall be assumed that the amount described in paragraph 6 of Schedule 1 to these Regulations will, in the case of each authority or description of authority listed in the following table, be equal to the percentage of the amount described in sub-paragraph (2) below which is shown in the table in relation to that authority or description:
Percentage The council of an inner London borough or the Common Council of the City of London 2.4 The council of an outer London borough 2.3 Any authority not mentioned above 1.4 ”.