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SCHEDULE 2Ascertainment of additional Exchequer Contributions for Houses provided by Local Authorities with Special Financial Difficulties

PART III

Ascertainment of total housing valuation for the relevant financial year

7There shall be ascertained—

(a)the aggregate of the gross annual values of all the houses to which the local authority's housing revenue account related at the end of the relevant financial year, and

(b)the aggregate of the gross annual values of all the houses to which the local authority's housing revenue account related at the end of the financial year immediately preceding the relevant financial year:

Provided that in ascertaining the said aggregates there shall be excluded such part of the gross annual value of any house as may be certified by the assessor to be attributable to any garage provided otherwise than by the local authority.