76 Calculation of council tax requirement by the Greater London Authority
Localism Act 2011 (2011 c 20) | Legislation

76  Calculation of council tax requirement by the Greater London Authority

(1)     Section 85 of the Greater London Authority Act 1999 (calculation of component and consolidated budget requirements) is amended as follows.

(2)     In the section heading for “budget” substitute “council tax”.

(3)     In subsection (1) for “43” substitute “42A”.

(4)     In subsection (4)—

(a)     in paragraph (a) for the words from “, other than” to “the 1988 Act” substitute “in accordance with proper practices”, and

(b)     in paragraph (b)—

(i)     for “expenditure to be charged” substitute “amounts to be charged or credited”, and

(ii)     after “for the year” insert “in accordance with proper practices”.

(5)     In subsection (5) for paragraph (a) substitute—

“(a)     the income which the Authority estimates will accrue to or for the body in the year and which will be credited to a revenue account for the year in accordance with proper practices, other than income which the Authority estimates will accrue in respect of any precept issued by it;”.

(6)     In subsection (6)(b) for “budget” substitute “council tax”.

(7)     In subsection (7) for “budget” substitute “council tax”.

(8)     In subsection (8) for

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