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2(1)In the revenue support grant report for the financial year beginning in 1990 the Secretary of State shall specify a non-domestic rating multiplier for the year.
(2)The multiplier must be expressed as a figure in which a part of a whole (if any) is expressed to three decimal places only.
(3)If the report is approved by resolution of the House of Commons the multiplier so specified shall be the non-domestic rating multiplier for the year.
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