Regulation 5 Recalculation of provisional amounts
Regulation 6 below applies as regards an authority for a year if—
a provisional amount has been arrived at as regards the authority for the year; and
the prescribed conditions are fulfilled.
The prescribed conditions are—
that the authority have on a day in the year calculated an amount, under paragraph (3) below, which is equal to or less than 97% of the provisional amount for the authority for the year;
that the authority have notified the Secretary of State of the amount calculated under paragraph (3) below and of the day on which that amount was calculated; and
that the Secretary of State believes that the amount calculated by the authority under paragraph (3) below is likely to have been calculated in accordance with that paragraph and informs the authority of his belief.
The amount calculated under this paragraph is the total of the amounts calculated in accordance with Parts I and II of Schedule 3 to these Regulations.