Apportionment of aggregate amount of rateable values among authorities
5
1
The aggregate amount referred to in article 4(a) above is hereby apportioned as–
a
£9,800,000 in respect of lands and heritages occupied by the East Authority;
b
£5,300,000 in respect of lands and heritages occupied by the North Authority; and
c
£15,100,000 in respect of lands and heritages occupied by the West Authority.
2
That part of the aggregate amount of the rateable values of the prescribed class of lands and heritages to be apportioned for each of the four financial years following the financial year 2000-01 in respect of the lands and heritages occupied by each authority shall be calculated in accordance with the formula–
A × 1 + B - C2 × C
where–
- A is the apportioned amount for that authority for the financial year immediately prior to the financial year for which the calculation is being carried out;
- B is the relevant adjusted volume of supply for the financial year ending 1 year before the beginning of the financial year for which the calculation is being carried out; and
- C is the relevant adjusted volume of supply for the financial year ending 2 years before the beginning of the financial year for which the calculation is being carried out.
3
In paragraph (2) above, “the relevant adjusted volume of supply” means the adjusted volume of supply for the authority and financial year in question and shall be calculated in accordance with the formula–
D + 13E × 23F + 1/2 G + 1/6 H + 1/3 J + 5/6 K
where–
- D is the number of megalitres of potable water produced by the authority, and supplied during that year for use;
- E is the number of megalitres of potable water produced by the authority, and supplied during that year in bulk to another authority;
- F is the number of megalitres of potable water received by the authority in bulk during that year;
- G is the number of megalitres of non-potable water produced by the authority, and supplied during that year for use;
- H is the number of megalitres of non-potable water produced by the authority, and supplied during that year in bulk to another authority;
- J is the number of megalitres of non-potable water received by the authority in bulk, and supplied during that year, as non-potable water, for use; and
- K is the number of megalitres of non-potable water received during that year by the authority in bulk for treatment and supply, as potable water, for use.
4
Any reference in paragraph (3) above to the supply of water in bulk is a reference to a supply taken by an authority for augmenting or constituting the supply to be given by it.