77 Calculation of basic amount of tax by the Greater London Authority
Localism Act 2011 (2011 c 20) | Legislation

77  Calculation of basic amount of tax by the Greater London Authority

(1)     Section 88 of the Greater London Authority Act 1999 (calculation of basic amount of tax) is amended as follows.

(2)     In subsection (1) for “44” substitute “42B”.

(3)     For subsection (2) substitute—

“(2)     In relation to each financial year the Authority shall calculate the basic amount of its council tax by applying the formula—

(R - A) / T

ɳ—

R is the amount calculated (or last calculated)

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