2 Calculation of budget requirement (billing authorities)
Section 32 of the 1992 Act has effect as if—
(a) in subsection (3)(a) the words “or relevant special grant” were omitted; and
Section 32(3)(a) was amended by the Local Authorities (Alteration of Requisite Calculations and Funds) Regulations 1994 (S.I. 1994/246) and the Local Authorities (Alteration of Requisite Calculations and Funds) Regulations 1995 (S.I. 1995/234). It was also amended in relation to the financial year 2007—2008 by regulation 2(a) of the Local Authorities (Alteration of Requisite Calculations) (Wales) Regulations 2007 (S.I. 2007/571 (W.49)).
(b) after subsection (12) the following subsection were inserted —

“(12A) In this section and section 33 below—
(a) references to sums payable for the financial year in respect of redistributed non-domestic rates are references to sums so payable in accordance with the Local Government Finance Report (No.1) 2008—2009 (Final Settlement — Councils) approved by resolution of the National Assembly for Wales pursuant to section 84H(2) of, and paragraph 11B(1) of Schedule 8 to, the Local Government Finance Act 1988 on 29 January 2008; and
1988 c. 41; section 84H was substituted (for section 84H as inserted by section 40(1) of and Schedule 2 to the Local Government Act 2003 (c. 26)) by article 3 of and Schedule 1 to the Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388).
Paragraph 11B(1) was substituted (for paragraph 11B(1) as inserted by section 40(1) of and Schedule 2 to the Local Government Act 2003) by article 3 of and Schedule 1 to S.I. 2007/1388.
(b) references to sums payable for the financial year in respect of revenue support grant are references to sums so payable in accordance with that report.”

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Section 32(12A) was inserted in relation to the financial year 2007—2008 by regulation 2(b) of S.I. 2007/571 (W.49).