Rent rebate deductions from an authority’s subsidy4.
(1)
“Deductions from subsidy for rebate for dwellings within the Housing Revenue Account: authorities in Wales20A.
(1)
Paragraph (2) applies in relation to an authority in Wales.
(2)
Where paragraph 4 of Schedule 4A applies, the deduction from subsidy referred to in article 13(1) shall be calculated in accordance with paragraph 5 of that Schedule.”.
(2)
In Schedule 4A (rent rebate limitation deductions (housing revenue account dwellings)—
(a)
at the end of the heading insert “: authorities in Wales”;
(b)
in Part 1, omit the definitions of “Affordable Rent”, “Affordable rent dwelling”, “new service”, “relevant party”, “void dwelling” and “2001-02”;
(c)
omit Parts 2 and 3;
(d)
“(2)
The rebate proportion for the purposes of sub-paragraph (1) for each relevant year commencing with 2020–21 is 0.574.”.
(e)
for Part 5 (amounts for purposes of Part 4, paragraph 4: authorities in Wales), substitute the Part 5 set out in Schedule 2 to this Order.