General funding contribution

3.—(1) References in paragraph (2) to kinds of the Authority’s expenditure do not include the kind of the Authority’s expenditure referred to in regulation 4.

(2) The general funding contribution for any year is an amount equal to 20% of—

(a)all the Authority’s expenditure of whatever kind for that year; or

(b)if, in relation to any kind of expenditure for that year, the Lord Chancellor determines a lesser amount under section 59B(3)(b) of the 1997 Act—

(i)such amount as may be for the time being determined by the Lord Chancellor for that kind of expenditure and that year; and

(ii)all the Authority’s other kinds of expenditure for that year, if any.