References in this Part of this Act to the product of a rate of F2one new penny in the pound for any area for any year are references to an amount calculated for that area for that year in accordance with F3regulations made in that behalf by the Secretary of State under F3section III of the M1Local Government (Scotland) Act 1973.

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Except so far as otherwise provided in this Part of this Act references therein to the standard penny rate product for any year for any F3district or islands area are references to the F5product of the weighted population of the district or islands area and the national standard amount per head for that year.

The standard penny rate product for any year of an area which is a region shall be taken to be an amount equal to the sum of the standard penny rate products for that year of the districts comprised in that region.

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For the purposes of subsection (3) of this section the weighted population of an area F8and the national standard amount per head for any year shall be determined F9in such manner as may be prescribed by a rate support grant order made under section 3 of the M2Local Government (Scotland) Act 1966

In the case of any area which is part of a F10district or islands area, references in this Part of this Act to the standard penny rate product of the area are, except so far as otherwise provided therein, references to so much of the standard penny rate product of the F10district or, as the case may be, islands area, as bears to the whole the same proportion as the rateable valuation of the area in question bears to the rateable valuation of the F10district or, as the case may be, islands area.

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