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Basic amount of council tax (billing authority)—calculation

3.  Section 33(3)(1) of the 1992 Act shall be read as if–

(a)there were substituted for the formula the following–

”;

(b)there were added after the definition of the figure Z the following–

(1)

Subsection (3) of section 33 was substituted by regulation 4 of the Local Authorities (Alteration of Requisite Calculations and Funds) Regulations 1994 (S.I. 1994/246).