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Local Government Act 1966
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- UK Public General Acts
- 1966 c. 42
- SCHEDULE 1
- PART II
- Calculation of standard penny...
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Calculation of standard penny rate product.
3(1)For the purposes of this Part of this Schedule, the standard penny rate product for an area for any year is the sum which bears to the product of a rate of one penny in the pound for that year for the whole of England and Wales the same proportion as the population of the area bears to the population of England and Wales ; but in ascertaining the standard penny rate product for a county or county borough the population of any county in the case of which the ratio of the population to the road-mileage of the county is less than seventy shall be increased by one half of the additional population needed in order that the population divided by the road-mileage should be seventy.
(2)In this paragraph " population " means estimated population.
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