2. In these Regulations—
“the 1988 Act” means the Local Government Finance Act 1988;
“council concerned” means, in relation to a levying body, a council as respects which the levying body would, apart from section 117 of the 1988 Act, have had a relevant precepting power;
“levying body” has the same meaning as in section 74 of the 1988 Act;
“local Act levying body” means a levying body whose relevant precepting power is conferred by a local or private Act;
“relevant Act”, in relation to a levying body, means the Act by which a relevant precepting power is conferred on that body;
“relevant precepting power” means any power under an Act which a levying body would, apart from section 117 of the 1988 Act, have had in respect of the financial year commencing in 1990 to issue a precept to, make a levy on or have its expenses paid by a county council or a charging authority.