Apportionment of aggregate amount of rateable values among local authorities
6
1
For the purposes of section 6(2) of the 1975 Act, the aggregate amount of the rateable values of the prescribed class of lands and heritages for the financial year 2000-01 which is prescribed byarticle 4(a) above shall–
a
in respect of such lands and heritages as are occupied by the East Authority, be apportioned among the local authorities specified in column 1 of Schedule 1 to this Order in the amount shown opposite the name of each such local authority in column 2 of that Schedule;
b
in respect of such lands and heritages as are occupied by the North Authority, be apportioned among the local authorities specified in column 1 of that Schedule in the amount shown opposite the name of each such local authority in column 3 of that Schedule; and
c
in respect of such lands and heritages as are occupied by the West Authority, be apportioned among the local authorities specified in column 1 of that Schedule in the amount shown opposite the name of each such local authority in column 4 of that Schedule.
2
For those purposes, the aggregate amount of the rateable values of the prescribed class of lands and heritages for each of the four financial years following the financial year 2000-01 (ascertained in accordance with article 4(b) above) shall–
a
in respect of such lands and heritages as are occupied by the East Authority, be apportioned among the local authorities specified in column 1 of Schedule 2 to this Order in accordance with the formula–
L × M/(1, 000, 000)
where–
- L is the apportioned amount for the East Authority for the financial year in question; and
- M is the figure shown in column 2 of that Schedule opposite the name of the local authority in question;
b
in respect of such lands and heritages as are occupied by the North Authority, be apportioned among the local authorities specified in column 1 of Schedule 2 to this Order in accordance with the formula–
N × P/(1, 000, 000)
where–
- N is the apportioned amount for the North Authority for the financial year in question; and
- P is the figure shown in column 3 of that Schedule opposite the name of the local authority in question; and
c
in respect of such lands and heritages as are occupied by the West Authority, be apportioned among the local authorities specified in column 1 of Schedule 2 to this Order in accordance with the formula–
Q × R/(1, 000, 000)
where–
- Q is the apportioned amount for the West Authority for the financial year in question; and
- R is the figure shown in column 4 of that Schedule opposite the name of the local authority in question.