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Local Government Finance Act 1992

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As published

52ZJ Major precepting authority's duty to make substitute calculations

(1) The major precepting authority must make substitute calculations for the financial year in compliance with this section. (2) Substitute calculations made for a financial year by a major precepting authority other than the Greater London Authority comply with this section if— (a) they are made in accordance with sections 42A, 42B and 45 to 48 above, (b) the relevant basic amount of council tax for the year produced by the calculations is not excessive by reference to the principles determined by the Secretary of State under section 52ZC above for the year, and (c) they are made in accordance with this section. (3) Substitute calculations made for a financial year by the Greater London Authority comply with this section if— (a) they are made by applying the relevant London provisions and sections 47 and 48 above to the Authority's substitute consolidated council tax requirement for the year, and (b) they are made in accordance with this section. (4) In making the substitute calculations, a major precepting authority other than the Greater London Authority must— (a) use the amount determined in the previous calculation under section 42A(3) above so far as relating to amounts which the authority estimates it will accrue in the year in respect of locally retained non-domestic rates, revenue support grant, ... special grant or police grant, and (b) use the amount determined in the previous calculation for item T in section 42B(1) above or (where applicable) item TP in section 45(3) above. (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (6) In making the substitute calculations, the Greater London Authority must use any amount determined in the previous calculations for item T in section 88(2) of the Greater London Authority Act 1999 or for item TP2 in section 89(4) of that Act. (7) In this Chapter— “the relevant London provisions” means sections 88 and (where applicable) 89 of the Greater London Authority Act 1999; “the Authority's substitute consolidated council tax requirement”, in relation to a financial year, means the Authority's substitute consolidated council tax requirement— agreed under Schedule 6 to the Greater London Authority Act 1999, or set out in its substitute consolidated budget as agreed under that Schedule, as the case may be.

Your change, as a redline

52ZJ Major precepting authority's duty to make substitute calculations

(1) The major precepting authority must make substitute calculations for the financial year in compliance with this section. (2) Substitute calculations made for a financial year by a major precepting authority other than the Greater London Authority comply with this section if— (a) they are made in accordance with sections 42A, 42B and 45 to 48 above, (b) the relevant basic amount of council tax for the year produced by the calculations is not excessive by reference to the principles determined by the Secretary of State under section 52ZC above for the year, and (c) they are made in accordance with this section. (3) Substitute calculations made for a financial year by the Greater London Authority comply with this section if— (a) they are made by applying the relevant London provisions and sections 47 and 48 above to the Authority's substitute consolidated council tax requirement for the year, and (b) they are made in accordance with this section. (4) In making the substitute calculations, a major precepting authority other than the Greater London Authority must— (a) use the amount determined in the previous calculation under section 42A(3) above so far as relating to amounts which the authority estimates it will accrue in the year in respect of locally retained non-domestic rates, revenue support grant, ... special grant or police grant, and (b) use the amount determined in the previous calculation for item T in section 42B(1) above or (where applicable) item TP in section 45(3) above. (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (6) In making the substitute calculations, the Greater London Authority must use any amount determined in the previous calculations for item T in section 88(2) of the Greater London Authority Act 1999 or for item TP2 in section 89(4) of that Act. (7) In this Chapter— “the relevant London provisions” means sections 88 and (where applicable) 89 of the Greater London Authority Act 1999; “the Authority's substitute consolidated council tax requirement”, in relation to a financial year, means the Authority's substitute consolidated council tax requirement— agreed under Schedule 6 to the Greater London Authority Act 1999, or set out in its substitute consolidated budget as agreed under that Schedule, as the case may be.

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