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Local Government Finance Act 1987
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- UK Public General Acts
- 1987 c. 6
- SCHEDULE 2
- Paragraph 3
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3(1)This paragraph applies for the purposes of paragraph 2(6) above.
(2)A is the amount (if any) which before 20th December 1986 the authority submitted under section 65 of the 1980 Act (information) as the amount the authority estimates as its expenditure on education for the financial year beginning in 1986 (taking, if more than one such amount was submitted before that date, the latest to be so submitted).
(3)B is the amount shown as grant-related expenditure in relation to the authority in the Rate Support Grant Report for England for the financial year beginning in 1986.
(4)M is the figure shown as the multiplier in relation to the authority in the relevant Report.
(5)For the purposes of sub-paragraph (2) above any amount submitted by the authority as an amount it estimates as its expenditure by way of debt charges, or by way of provision for pay and price changes, or on school meals and milk, shall be ignored.
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