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| The special item for the purposes of section 75. |
76. - (1) The item referred to in section 75(2) above is the special expense of the Metropolitan Police Authority.
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(2) For the purposes of subsection (1) above, the special expense of the Metropolitan Police Authority is the difference between-
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(a) the aggregate calculated (or last calculated) under subsection (4) of section 71 above in relation to the Metropolitan Police Authority, and |
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(b) the amount calculated (or last calculated) under subsection (5) of that section in relation to that Authority, |
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unless the aggregate referred to in paragraph (a) above does not exceed the aggregate referred to in paragraph (b) above, in which case the special expense is nil.
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(3) For the purposes of section 75 above, the special item relates to the part of Greater London which consists of the metropolitan police district.
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| Special items: amendments of section 46 of the 1992 Act. |
77. - (1) Section 46 of the Local Government Finance Act 1992 (special items for the purposes of section 45 of that Act) shall be amended as follows.
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(2) In subsection (2) (special expenses) paragraph (d) (which relates to inner London etc) shall cease to have effect.
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(3) In subsection (3) (areas to which special expenses relate) paragraph (d) (which relates to inner London etc) shall cease to have effect.
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(4) In subsection (4) (interpretation)-
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(a) the definition of "inner London area", and |
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(b) the words from "and any reference" to the end of the subsection (which relate to parts of Greater London), |
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shall cease to have effect.
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| Calculation of tax for different valuation bands. |
78. - (1) Section 47 of the Local Government Finance Act 1992 (calculation of tax for different valuation bands) shall be amended as follows.
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(2) After subsection (1) (which contains a formula and definitions of the terms used in the formula) there shall be inserted-
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"(1A) Where the precepting authority is the Greater London Authority, subsection (1) above shall have effect with the substitution of the following definition for the definition of A-
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" A is the amount calculated (or last calculated) by the Greater London Authority for that year under section 74(2) of the Greater London Authority Act 1999 or, where section 75 of that Act applies, the amount calculated (or last calculated) by it for that year under subsection (3) of that section in relation to that category of dwellings;"." |
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(3) After subsection (2) there shall be inserted-
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"(3) Where the precepting authority is the Greater London Authority, subsection (2) above shall have effect with the substitution for the reference to section 45 above of a reference to section 75 of the Greater London Authority Act 1999."
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| Calculation of amount payable by each billing authority. |
79. - (1) Section 48 of the Local Government Finance Act 1992 (calculation of amount payable by each billing authority) shall be amended as follows.
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(2) In subsection (1) there shall be added at the end "; and-
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(a) subsection (1A) below applies in relation to a precept issued by the Greater London Authority; and |
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(b) subsections (2) to (6) below apply in relation to a precept issued otherwise than by the Greater London Authority." |
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(3) After subsection (1) there shall be inserted-
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"(1A) Where an amount calculated (or last calculated) for the year under section 74(2) or 75(3) of the Greater London Authority Act 1999 applies to dwellings in the billing authority's area, the amount payable by that authority shall be calculated by applying the formula-
C × T
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| | T is the amount which, in relation to the billing authority, is determined for item T in section 33(1) above."
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