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Paragraph 6 Assumptions as to deductions from gross amount

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

It shall be assumed that the amounts described in paragraph 7 of Schedule 1 to these Regulations will be—

(a)

in the case of an authority which is the council of an inner London Borough or the Common Council of the City of London, 0.45% of the amount described in sub-paragraph (2) below,

(b)

in the case of an authority which is the council of an outer London Borough or the council of a metropolitan district, 0.4% of the amount described in that sub-paragraph, and

(c)

in the case of any other authority, 0.2% of the amount described in that sub-paragraph.

(2)

The amount is the total of the chargeable amounts payable to the authority under sections 43 and 45 of the Act in respect of each relevant day, calculated in accordance with the provisions of paragraph 2 of this Schedule, less the deductions from that amount prescribed in paragraphs 3 to 5 of Schedule 1 to these Regulations, calculated in accordance with the provisions of paragraphs 3 to 5 of this Schedule.