PART VIRate Support Grant

Amendments relating to existing system of rate support grants

49Reduction of resources element

1

In any case where the Secretary of State makes an order under section 4 of the Local Government Act 1974 (orders varying rate support grant orders) he may make a fresh determination of the amount of the resources element of rate support grant payable to a local authority for the year to which the order relates as provided in this section.

2

A determination under this section shall be made by multiplying the uniform rate for the area of a local authority by a multiplier of an amount less than unity.

3

Different multipliers may be determined under this section for different authorities.

4

The principles on which multipliers are determined under this section shall be specified in an order made by statutory instrument by the Secretary of State.

5

The same principles shall be applied to every determination under this section of a multiplier for any year.

6

An order under this section shall be laid before the House of Commons and shall not have effect until approved by a resolution of that House; and no determination shall be made under this section until the order has effect.