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Local Government Finance Act 1987
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- UK Public General Acts
- 1987 c. 6
- SCHEDULE 2
- Paragraph 1
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1(1)The maximum limit in relation to a designated authority shall be determined by applying the appropriate formula (found in accordance with paragraph 6 below).
(2)The maximum limit in relation to a designated authority shall be expressed in pence; and parts of pence shall be calculated to two decimal places only, after adding one hundredth where (apart from this sub-paragraph) there would be not less than one thousandth.
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