19.—(1) This article applies to the areas specified in column (2) of the table in article 22 of the London Authorities (Property etc.) Order 1964 (1)
(2) The amount payable under the said article in respect of such an area shall be reduced by the aggregate of the arrears at 31st March 1965 carried forward in the rates record in respect of hereditaments in such area, and article 24(6) of the London Authorities (Property etc.) Order 1964 shall have effect accordingly.
(3) Any action falling to be taken after 1st April 1965 in relation to rates made in respect of a rate period beginning before that date as regards hereditaments in such an area shall be taken by the council of the London borough specified in respect of such area in column (4) of the said table, and the reduction made under paragraph (2) shall not be affected by any such action.
(1964 III, p. 3392).