In relation to a billing authority’s estimate of any surplus or deficit under paragraph 1 of Schedule 4 for a relevant year beginning on 1st April 2021—
(a)
the Secretary of State’s share of any surplus or deficit for that year estimated by a billing authority listed in the table in Schedule 4C, is calculated in accordance with the formula—
(b)
a relevant precepting authority’s share is calculated in accordance with the formula—
(c)
the billing authority’s share is calculated in accordance with the formula—
