Budget requirement (Greater London Authority) - calculation7
Section 85 of the 1999 Act has effect as if—
a
in subsection (5)(a)(i)12, the words “relevant special grant,” were omitted; and
b
after subsection (9)13 there were added the following subsection—
9A
In subsection (5)(a)—
a
the reference to sums payable for the financial year in respect of redistributed non-domestic rates is a reference to sums so payable in accordance with the Local Government Finance Report (England) 2010/2011 approved by a resolution of the House of Commons pursuant to section 79(2) of, and paragraph 11(2) of Schedule 8 to, the Local Government Finance Act 1988 on 3rd February 2010, and
b
the reference to sums payable for the financial year in respect of revenue support grant is a reference to sums so payable in accordance with that report.