(2) [F3Subject to sub-paragraph (3),] P means—
(a)in the financial year beginning on 1st April 2021, 77,988,112.73;
(b)in each subsequent financial year—
[F4(3) In the case of North Yorkshire Council, Somerset Council and Westmorland and Furness Council, P means—
(a)in the financial year beginning on 1st April 2023, 79,555,673.79;
(b)in each subsequent financial year—P* × 1.01.]
.]]
Textual Amendments
F1Sch. substituted (1.4.2013) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2013 (S.I. 2013/476), regs. 1(3), 4, Sch. (with reg. 7)
F2Sch. para. 9 substituted (30.6.2021) by The Local Authorities (Capital Finance and Accounting) (England) (Amendment) Regulations 2021 (S.I. 2021/611), regs. 1(2), 6(7) (with reg. 7(3))
F3Words in Sch. para. 9(2) inserted (1.4.2023) by The Local Government (Structural Changes) (Supplementary Provision and Amendment) Order 2023 (S.I. 2023/187), arts. 1, 7(6)(a)