Apportionment of contributions
6. In the year beginning on 1st April 2005 and in the year beginning on 1st April in any year after 2005, the amount of the general funding contribution payable by each London local authority shall be calculated by applying the following formula—
A × B
where—
A is the figure shown for that London local authority in column 2 of Schedule 1 to these Regulations; and B is the general funding contribution for that year.