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

PART I

Interpretation

1In this Schedule—

(a)" relevant financial year," in relation to any house, means the financial year preceding that in which the house was completed ;

(b)references in relation to a local authority to the product of a rate of a specified sum are references to the product of a rate of that sum in the pound for the district of the local authority for the relevant financial year, and section 9(1) of the [1963 c. 12.] Local Government (Financial Provisions) (Scotland) Act 1963 shall apply for the purpose of calculating that product.