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 1996-97 which is prescribed by article 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 three financial years following the financial year 1996-97 (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—
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—
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—
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.