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Paragraph 1

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

(1)

In relation to each authority there shall be calculated for a financial year the amounts described in paragraphs 2 to 7 below.

(2)

From the amount described in paragraph 2 below there shall be deducted the amounts described in paragraphs 3 to 7 below, provided that a deduction shall be made of the amount described in paragraph 6 only if the authority has made proper arrangements for securing economy, efficiency and effectiveness in relation to the collection of non-domestic rates.

(3)

Subject to sub-paragraph (4) below, the amount calculated under sub-paragraph (2) above shall be the authority’s non-domestic rating contribution for the year.

(4)

A special authority’s non-domestic rating contribution for the financial year beginning on 1st April 1993 shall be the amount calculated under sub-paragraph (2) above less £24,588,000.