Part IX Miscellaneous and General

Local Government Finance Act 1988, local finance (Scotland) and block grants

148 Rate support grant, 1985/86.

The Rate Support Grant Supplementary Report (England) (No. 4) 1985/86 (which was approved by a resolution of the House of Commons on 19th January 1989) shall have effect, and be deemed always to have had effect, as if, in Annex VI (principles for calculating grant-related poundages), for the formula set out in paragraph 4 (grant-related poundages for total expenditure at or above the threshold level) there were substituted—

GRP=GRPatGRE+0.69p×thresholdamountmath+0.8625p×(totalexpenditure-GREpopulation-thresholdamount)math