8(1)This paragraph applies where—
(a)an amount submitted would, by virtue of paragraphs 1 to 4 above and apart from this paragraph, be the relevant amount in relation to a particular year and as regards a local authority,
(b)neither paragraph 5 nor paragraph 6 above applies as regards the authority in relation to the year,
(c)paragraph 7 above does not apply as regards the authority in relation to the year, and
(d)the authority suggested an alternative amount in writing in a document despatched by the authority and received by the Secretary of State before 7 July 1988.
(2)In such a case the relevant amount is (in relation to the year and as regards the authority) the alternative amount suggested in the document.
(3)But where there is more than one alternative amount, by virtue of there being more than one suggestion and document falling within sub-paragraph (1) above, the relevant amount is (in relation to the year and as regards the authority) the alternative amount suggested in the document which was the latest to be received by the Secretary of State.
(4)In relation to the Receiver sub-paragraphs (1) to (3) above apply as if—
(a)“a local authority” read “the Receiver”, and
(b)“the authority” (in each place) read “the Receiver”.