SCHEDULES
SCHEDULE 2Amendments of Provisions Referring to Amounts in Shillings and Pence
[1967 c. 2 (N.I.).] The Local Government (Finance) Act (Northern Ireland) 1967
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1
In relation to the year beginning with 1st April 1971 and subsequent years the Local Government (Finance) Act (Northern Ireland) 1967 shall have effect subject to the amendments specified in sub-paragraph (2) of this paragraph.
2
In section 1, in subsections (1) and (4) the words " (disregarding any halfpenny) " shall be omitted, and after subsection (7) there shall be inserted the following subsection—
7A
For the purposes of subsections (1) and (4), if one-half of the amount prescribed under subsection (1) includes a fraction of a new penny other than one-half, that fraction, if less than one-half, shall be disregarded and, if greater than one-half, shall be treated as one-half.