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Greater London Authority Act 1999

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Change 1

What to do with it
As published

88 Calculation of basic amount of tax.

(1) Section 42B of the Local Government Finance Act 1992 shall not apply in relation to the Authority and the following provisions of this section shall have effect in relation to the Authority in place of that section. (2) In relation to each financial year the Authority shall calculate the basic amount of its council tax by applying the formula— ( R − A ) T where— R is the amount calculated (or last calculated) by the Authority under section 85(8) above as its consolidated council tax requirement for the year; A is the amount of the special item; T is the aggregate of the amounts which are calculated by the billing authorities to which the Authority issues precepts (“the billing authorities concerned”) as their council tax bases for the year for their areas and are notified by them to the Authority within the prescribed period. (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (6) The Secretary of State shall make regulations containing rules for making for any year the calculations required by item T in subsection (2) above; and the billing authorities concerned shall make the calculations for any year in accordance with the rules for the time being effective (as regards the year) under the regulations. (7) Regulations prescribing a period for the purposes of item T in subsection (2) above may provide that, in any case where a billing authority fails to notify its calculation to the precepting authority within that period, that item shall be determined in the prescribed manner by such authority or authorities as may be prescribed. (8) The Secretary of State may by regulations do one or both of the following— (a) alter the constituents of any calculation to be made under subsection (2) above (whether by adding, deleting or amending items); (b) provide for rules governing the making of any calculation under that subsection (whether by adding provisions to, or deleting or amending provisions of, this section, or by a combination of those methods). (9) Any negative amount given by a calculation under subsection (2) above shall be assumed to be nil for the purposes of this Chapter and Chapter IV of Part I of the Local Government Finance Act 1992. (10) In this section special item has the same meaning as it has in section 89 below (see subsection (2) of that section).

Your change, as a redline

88 Calculation of basic amount of tax.

(1) Section 42B of the Local Government Finance Act 1992 shall not apply in relation to the Authority and the following provisions of this section shall have effect in relation to the Authority in place of that section. (2) In relation to each financial year the Authority shall calculate the basic amount of its council tax by applying the formula— ( R − A ) T where— R is the amount calculated (or last calculated) by the Authority under section 85(8) above as its consolidated council tax requirement for the year; A is the amount of the special item; T is the aggregate of the amounts which are calculated by the billing authorities to which the Authority issues precepts (“the billing authorities concerned”) as their council tax bases for the year for their areas and are notified by them to the Authority within the prescribed period. (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (6) The Secretary of State shall make regulations containing rules for making for any year the calculations required by item T in subsection (2) above; and the billing authorities concerned shall make the calculations for any year in accordance with the rules for the time being effective (as regards the year) under the regulations. (7) Regulations prescribing a period for the purposes of item T in subsection (2) above may provide that, in any case where a billing authority fails to notify its calculation to the precepting authority within that period, that item shall be determined in the prescribed manner by such authority or authorities as may be prescribed. (8) The Secretary of State may by regulations do one or both of the following— (a) alter the constituents of any calculation to be made under subsection (2) above (whether by adding, deleting or amending items); (b) provide for rules governing the making of any calculation under that subsection (whether by adding provisions to, or deleting or amending provisions of, this section, or by a combination of those methods). (9) Any negative amount given by a calculation under subsection (2) above shall be assumed to be nil for the purposes of this Chapter and Chapter IV of Part I of the Local Government Finance Act 1992. (10) In this section special item has the same meaning as it has in section 89 below (see subsection (2) of that section).

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