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4Paragraph 5 below shall have effect in relation to the calculation of the amount of block grant payable to a relevant authority instead of section 56(6) above.
5(1)The amount of block grant payable to a relevant authority is the aggregate of the two amounts specified in subparagraphs (2) and (3) below.
(2)The first amount is an amount calculated by deducting from the relevant portion of the Receiver's total expenditure for the year the product arrived at by multiplying the Receiver's grant-related poundage by the gross rateable value of the authority's area, or, if their area is not wholly within the Metropolitan Police District, by the gross rateable value of that part of their area which is within that District.
(3)The second amount is an amount calculated by deducting from the total expenditure to be incurred by a relevant authority during the year—
(a)the relevant portion of the Receiver's total expenditure for the year; and
(b)the product arrived at by multiplying the authority's grant-related poundage by the gross rateable value of their area.
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