Basic amount of council tax (major precepting authorities other than the Greater London Authority)—calculation

5.  Section 44(3)(1) of the 1992 Act shall be read as if–

(a) the word “and” at the end of paragraph (a) were omitted;

(b) there were added after paragraph (b) the following–

“and

(c) reduced by the aggregate amount of any sums which the authority estimates will be paid by it in the year to billing authorities in accordance with section 31(3) of the Local Government Act 1999.”.

(1)

Section 44(3) is modified in relation to the financial year 1999/2000 by regulation 5 of S.I. 1999/228.