In subsection (2) for the words from “by the precepting authority” to the end substitute“—

(a)

in the case of a precepting authority in England, by that authority under section 49A below as its council tax requirement for the year, and

(b)

in the case of a precepting authority in Wales, by that authority under section 50 below as its budget requirement for the year.”

After that subsection insert—

“(2A)

The Secretary of State may by regulations make provision that a billing authority in England making calculations in accordance with section 31A above (originally or by way of substitute) may anticipate a precept under this section; and the regulations may include provision as to—

(a)

the amounts which may be anticipated by billing authorities in pursuance of the regulations;

(b)

the sums (if any) to be paid by such authorities in respect of amounts anticipated by them; and

(c)

the sums (if any) to be paid by such authorities in respect of amounts not anticipated by them.”