Basic amount of council tax (billing authorities)—calculation
3. Section 33(3)(1) of the 1992 Act shall be read as if–
(a)there were substituted for the formula the following–
(b)there were added after the definition of the figure Z the following–
“E is the same amount as it is in the direction mentioned in section 32(2)(e)(ii) above (being an amount representing the authority’s contribution to council tax benefit resulting from the increase in its council tax)”.
(1)
Subsection (3) of section 33 was substituted by regulation 4 of the Local Authorities (Alteration of Requisite Calculations and Funds) Regulations 1994 (S.I. 1994/246). Subsection (3) is modified in relation to the financial year 1999/2000 by regulation 3 of S.I. 1999/228.