Calculation of budget requirement (billing authorities)2
Section 32 of the 1992 Act has effect as if—
a
in subsection (3)(a)3 the words “or relevant special grant” were omitted; and
b
after subsection (12) there were inserted the following subsection—
12A
In this section and section 33 below—
a
references to sums payable for the financial year in respect of redistributed non-domestic rates are references to sums so payable in accordance with the Local Government Finance Report (No.1) 2006-2007 (Final Settlement — Councils) published by the National Assembly for Wales pursuant to section 84G(4) of the Local Government Finance Act 19884 on 14 December 2005; and
b
references to sums payable for the financial year in respect of revenue support grant are references to sums so payable in accordance with that report.