Amendment of Order3.

In article 5 (aggregate amount of rateable values)–

(a)

before the words “For the purposes”, there shall be inserted “(1)”;

(b)

in paragraph (b), for the words “each of the following four financial years” there shall be substituted the words “the financial year 1996-97”; and

(c)

for the word “where–”, there shall be substituted the following:–

“(c)

for the financial year 1997-98 and each of the following two financial years, shall be calculated in accordance with the formula–

£47,125,309+£47,125,309×(A-B)B.math

(2)

In sub-paragraphs (b) and (c) of paragraph (1) above–”.