Calculation of budget requirement (major precepting authorities)4

Section 43 of the 1992 Act has effect as if—

a

in subsection (3)(a)(i)8

i

the words “relevant special grant” were omitted; and

ii

the words “floor funding” were inserted before “or police grant;”; and

b

after subsection (6D) the following subsections were inserted9

6E

In this section and section 44 below—

a

references to sums payable for the financial year in respect of redistributed non-domestic rates are references to sums so payable in accordance with the Local Government Finance Report (No.2) 2009—2010 (Final Settlement — Police Authorities) approved by resolution of the National Assembly for Wales pursuant to section 84H(2) of, and paragraph 11B(1) of Schedule 8 to, the Local Government Finance Act 1988 on 10 February 2009; and

b

references to sums payable for the financial year in respect of revenue support grant are references to sums so payable in accordance with that report.

6F

In this section and section 44 below “floor funding” means grant payable to a major precepting authority by the Secretary of State in addition to the police grant referred to in subsection (6C).