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(1)Apart from any increase authorised under section 2(2) of the Local Government and Miscellaneous Financial Provisions (Scotland) Act 1958, the Secretary of State shall increase by the sum of £700,000 the aggregate amount of the general grants payable to local authorities under that Act in respect of the year 1966-67.
(2)General grants under the said Act of 1958 and Exchequer Equalisation Grants under the Local Government (Financial Provisions) (Scotland) Act 1954 shall not be payable for the year 1967-68 and subsequent years.
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