5.—(1) Section 86 (supplementary provisions about council tax calculations by the Greater London Authority) is amended as follows.
(2) After subsection (1B) insert—
“(1C) In estimating under subsection (4)(a) of section 85 above—
(a)in the case of the Mayor, the Authority shall take into account the amount of any expenditure which it estimates will be incurred in the year by the Authority in making any repayments of grants or other sums paid to the Authority by the Secretary of State, and
(b)in the case of a functional body, the Authority shall take into account the amount of any expenditure which it estimates will be incurred in the year in making by or in respect of the body any repayments of grants or other sums paid to or for the body by the Secretary of State.”
(3) In subsection (4B) omit paragraph (b) and the “and” preceding that paragraph.
(4) Omit subsection (4C).